S&P streak ends at 6 days. For the Dow and Nasdaq, make it a 7 and 7.

<p>Make it a 7 and 7. </p><p>That is 7 consecutive up days, and 7 consecutive up weeks for the the Dow and the Nasdaq. The late day rally fizzled into the close for the S&amp;P, however, as it closed marginally lower on the day (but still down). </p><p>There is two more weeks to the end of the year which has seen the Dow move to a new all-time record this week (above 36952.65). </p><p>Although unchanged today, the S&amp;P is now just 2.1% from a new all time close (above 4818.62). </p><p>Both the S&amp;P and the Nasdaq are trading at the highest levels since January 2022. </p><p>The final numbers are showing:</p><ul><li>Dow Industrial Average rose 56.79 points or 0.16% at 37305.15</li><li>S&amp;P index – 0.36 points or -0.01% at 4719.18</li><li>Nasdaq index was 52.35 points or 0.35% at 14813.11</li></ul><p>The Russell 2000 which started yesterday fell -15.3 points today or -0.77% to 1985.12</p><p>Looking at the trading week, although the S&amp;P index was lower today, it still rose for the week making it seven weeks in room:</p><ul><li>Dow Industrial Average rose 2.92%. Since his recent bottom in the week of October 23, the index is up 15.4%</li><li>S&amp;P index rose 2.49%. It's gain since October low is 15.0%</li><li>Nasdaq index rose 2.85%. It's gain since October low is 18.10%</li><li>Russell 2000 index rose by 5.546% for its largest gain since October 30 week, and the second largest weekly gain in 2023. Again since the October low is 21.5%.</li></ul><p>And, finally for the trading year:</p><ul><li>Dow Industrial Average is up 12.54%</li><li>S&amp;P index is up 22.91%</li><li>Nasdaq index is up 41.54%</li><li>Russell 2000 is up 12.71%</li></ul><p>I will have a 7 and 7 and day of the week. Cheers and have a great weekend. </p>

This article was written by Greg Michalowski at www.forexlive.com.