Heard on the Street Thursday Recap: Blue-Chip Streak
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Stocks closed higher on Thursday, with the Dow Jones Industrial Average extending its winning streak to seven consecutive trading days. The Dow rose 334 points, or 0.85%. The broader S&P 500 and the Nasdaq also posted gains of 0.5% and 0.3% respectively. First-quarter earnings season is coming to an end, with most S&P 500 companies having reported. Overall, results have been positive, and companies have provided optimistic guidance for the current quarter.