Stock summary: S&P 500 posted weekly rise of 0.94% amid corporate earnings release

The S&P 500 demonstrated a strong performance over the past five days, gaining 56.34 points or 0.94% as of its last recorded close on February 7 at 4:48 PM GMT-5.

By Priya Berry Published on February 8, 2025, 09:36 EDT Last updated February 8, 2025, 09:36

The S&P 500 demonstrated a strong performance over the past five days, gaining 56.34 points or 0.94% as of its last recorded close on February 7 at 4:48 PM GMT-5. The index closed at 6,025.99, as it reflected a positive momentum in the broader market.

Throughout the latest trading session, the S&P 500 fluctuated within a range, reaching a high of 6,101.28 and a low of 6,019.96. The index opened at 6,083.13, slightly below its previous close of 6,083.57, signaling early market hesitancy.

This week unraveled with more corporate earnings reports which was reflected in the index’s growth over the past five days. However, on Friday, S&P 500 closed on a red signal after the release of inflation data.

Disclaimer: This article is for informational purposes only and does not constitute any financial advice.

S&P 500