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Heard on the Street Thursday Recap: Blue-Chip Streak

·1 min

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.