U.S. Stocks Rise for Eighth Straight Week

U.S. stocks closed higher for an eighth consecutive week. The S&P 500 and Nasdaq Composite extended their rallies while the Dow Jones Industrial Average also advanced. Technology and semiconductor shares led the gains. Benzinga reported that the advance has been driven by AI-linked stocks throughout 2026.

Benzinga stated that investors focused on resilient corporate earnings and expectations that economic growth remains intact. Markets largely ignored weak consumer sentiment data. Hotter inflation readings and rising gasoline prices reinforced expectations that the Federal Reserve may maintain a hawkish stance for longer.

Treasury yields remained elevated as traders reduced expectations for rate cuts.

Inc. shares climbed after the company posted fiscal fourth-quarter results that topped Wall Street expectations. Benzinga reported that strong engagement across key franchises and optimism surrounding upcoming releases supported the gains. Management highlighted accelerating recurrent consumer spending and solid momentum from labels, according to the same report.