Stock Market Today: Wall Street Ticks Closer to Record Highs to Cap Its 8th Straight Winning Week

Stock Market Today: Wall Street Ticks Closer to Record Highs to Cap Its 8th Straight Winning Week
An NYSE sign on the floor at the New York Stock Exchange in New York on June 15, 2022. Seth Wenig/AP Photo
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NEW YORK—Wall Street capped its eighth straight winning week with a quiet finish Friday, following reports showing inflation on the way down and the economy potentially on the way up.

The S&P 500 rose 0.2 percent to sit less than 1 percent below its record set nearly two years ago. The Dow Jones Industrial Average slipped 18 points, or less than 0.1 percent, and the Nasdaq composite edged 0.2 percent higher.