U.S. stocks ended slightly higher Friday, booking a third straight week of big gains, spurred by hopes for a soft landing for the U.S. economy, and the prospect of interest-rate cuts arriving during the first half of 2024.
How stock indexes traded
For the week, the Dow climbed 1.9%, the S&P 500 increased 2.2% and the Nasdaq Composite advanced 2.4%. In the past thee weeks, the Dow gained 7.8%, the S&P 500 rose 9.6% and the Nasdaq jumped 11.7%.
What drove markets
Major…
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