U.S. Stock Indices Rally to New Highs; Nasdaq, S&P 500 Post Sixth Consecutive Weekly Gain

U.S. stock indices closed higher today with the Nasdaq rising 1.71% and the S&P 500 gaining 0.84%, while the Dow Jones Industrial Average edged up 0.02%. For the week, the Nasdaq climbed 4.51% and the S&P 500 advanced 2.33%, marking their sixth consecutive week of gains and reaching fresh record highs. The Philadelphia Semiconductor Index surged 5.51% today and 11.14% for the week.

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