Market Performance: December 23, 2023.

The S&P 500 rose Friday after cooler inflation data, with the major averages registering an eighth straight winning week as Wall Street looked to extend its year-end rally.

The broad market index gained 0.17% to 4,754.63. At current levels, the S&P 500 is 0.9% from its record close, and 1.3% from its intraday record. The Nasdaq Composite rose by 0.19% to 14,992.97.

The Dow Jones Industrial Average fell 18.38 points, or 0.05%, to 37,385.97.

The three major averages notched their eighth positive week in a row — a first for the S&P 500 since 2017 and for the Dow dating back to 2019. The S&P 500 advanced by 0.8% for the week, while the Dow added 0.2%. The Nasdaq jumped 1.2% in the period.

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Streamlining your finances: expert tips for managing cash flows

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