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S&P 500 extends winning streak to 6 weeks. What drove the stock market gains

May 10, 2026
Source: cnbc.com cnbc.com
News Snapshot:
Another superb week for stocks is in the books. The S & P 500 and Nasdaq rallied on Friday to close out the week at a record high as Wall Street celebrated another solid batch of earnings and a strong-but-not-too-strong jobs report, while holding out hope for an end to the hostilities in the Mideast. As with each week since late February, the Iran war remained a major focus for investors. But a dizzying number of headlines made it impossible to tell where the conflict was really headed next. Media reports on Wednesday said the U.S. and Iran were nearing...
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