US stocks closed modestly higher on Friday: Dow Jones Industrial Average +0.72% (preliminary), S&P 500 +0.22%, Nasdaq Composite +0.20%. IBM (IBM.N) rose more than 12%, Oracle (ORCL.N) gained over 10% and Qualcomm (QCOM.O) climbed over 3%. The Nasdaq Golden Dragon China Index was flat; Baidu (BIDU.O) +2.4%, Alibaba (BABA.N) -1.5%. For the month the S&P 500 advanced 5.15%, the Nasdaq 8.36% and the Dow 2.78%. The S&P 500 extended its weekly winning streak to nine weeks, the longest run since Decemb

US stocks closed modestly higher on Friday: Dow Jones Industrial Average +0.72% (preliminary), S&P 500 +0.22%, Nasdaq Composite +0.20%. IBM (IBM.N) rose more than 12%, Oracle (ORCL.N) gained over 10% and Qualcomm (QCOM.O) climbed over 3%. The Nasdaq Golden Dragon China Index was flat; Baidu (BIDU.O) +2.4%, Alibaba (BABA.N) -1.5%. For the month the S&P 500 advanced 5.15%, the Nasdaq 8.36% and the Dow 2.78%. The S&P 500 extended its weekly winning streak to nine weeks, the longest run since December 2023.