The Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technology stocks, while pandemic jitters sent the Dow to its fourth losing session in the last five.
Both the Nasdaq and S&P 500 index scored a winning week, up 1.2 percent and 0.3 percent respectively, after last week’s declines snapped a five-week run of higher finishes.