U.S. Stocks Extend Winning Streak To New Record High Close

By Markets MarketWatch Pulse

The S&P 500 and the Dow Jones Industrial Average finished at a fresh record high close on Thursday, extending their winning streak for a fifth session, spurred on by better-than-expected earnings from J.P. Morgan Chase & Co. The S&P 500 rose 11 points, or 0.5%, to end at 2,163, its fourth straight record closing. The Dow added 134 points, or 0.7%, to 18,506, for its third record finish in a row. The Nasdaq Composite gained 28 points, or 0.6%, to 5,034, ending at its highest level for 2016 and turning positive for the year. Meanwhile, J.P. Morgan posted second-quarter earnings of $1.55 a share, besting the $1.42 a share forecast by analysts in a FactSet survey.

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