That’s the signal the S&P 500 and the tech-heavy Nasdaq Composite were sending on Friday, when both indexes were convincingly higher in mid-day trading. After starting the day on a more somber note, the S&P 500 is up 0.1%, while the Nasdaq is up 0.5%. Friday’s gains followed the indexes each rising for the past four consecutive trading days.
The Dow Jones Industrial Average, meanwhile, was down 0.4%. That index, however, is a less accurate measure of the overall U.S. stock market: It’s a group composed of just 30 stocks, and gets weighed down by stocks with higher prices. Goldman Sachs, Home Depot, and Sherwin-Williams were among Friday’s Dow decliners.
