US Stocks Close Near Session Highs as S&P 500 Gains 1.1% for Third Straight Week
U.S. stocks closed near their session highs following President Donald Trump's diesel announcement on Friday, with all four major equity indexes posting gains. The S&P 500 advanced 0.59% to 7,811.54, while the Dow Jones Industrial Average rose 0.83% to 51,654.95. The Nasdaq Composite gained 0.64% to 27,366.17, and the Russell 2000 climbed 0.50%, according to market figures shared by Coin Bureau.
The weekly performance extended the S&P 500's advance for a third consecutive week, with the benchmark index gaining 1.1% over the period. The Dow Jones also finished the week higher, adding roughly 585 points as investors turned their attention toward the upcoming third-quarter earnings season.
S&P 500 Extends Weekly Winning Run
The latest gains followed a four-session advance for both the S&P 500 and the Dow Jones through Tuesday. Their winning streaks ended on Wednesday, interrupting a run of consecutive daily gains before the market's latest session-end recovery.
Despite the interruption, the S&P 500 maintained its broader weekly momentum. Its 1.1% gain marked the third consecutive week of advances, while the Dow's roughly 585-point increase underscored the positive performance across major U.S. equities.
Coin Bureau highlighted that stocks finished near their session highs after Trump's diesel announcement on Friday. The post did not provide further details about the announcement or establish a specific causal relationship between the announcement and the market's closing performance.
Investors Turn to Q3 Earnings Season
Attention is shifting toward corporate earnings as companies prepare to report third-quarter results. JPMorgan is among the major banks scheduled to release earnings, making the upcoming reporting period an important focus for investors assessing corporate performance.
The earnings season will bring fresh company-level financial results into focus following the latest weekly advances in U.S. equities. However, the Coin Bureau post did not provide earnings forecasts, analyst estimates, or details about the expected results from JPMorgan or other banks.
Treasury Yields, Oil and Bitcoin in Focus
Alongside the stock-market gains, the 10-year U.S. Treasury yield stood near 5.24%. The yield is a key benchmark for financial markets, while its level provides additional context for investors monitoring conditions across equities and fixed-income assets.
Oil prices also featured in the market snapshot, with West Texas Intermediate (WTI) crude trading around $91.65. Bitcoin, meanwhile, hovered near $82,300, placing the leading cryptocurrency among the major assets being watched alongside traditional financial markets.
The figures reported by Coin Bureau showed gains across the Dow Jones, S&P 500, Nasdaq Composite and Russell 2000, alongside the S&P 500's third consecutive weekly advance. Investors were preparing to shift their focus toward third-quarter corporate earnings, with JPMorgan among the major banks due to report.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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