Wall Street ends week on a high

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Wall Street capped a week of milestones today with a rally that pushed the major stock indexes to all-time highs for the second day in a row&period;<&sol;p>&NewLine;<p>Small-company stocks did better than larger ones&comma; nudging the Russell 2000 index to a record high for the first time since December&period;<&sol;p>&NewLine;<p>Miners and other raw materials companies led the gainers&period; Rising crude oil prices also gave energy companies a big boost&period; Consumer goods stocks were essentially flat&period;<&sol;p>&NewLine;<p>Strong company earnings and investor optimism over the Trump administration&&num;8217&semi;s promises of tax cuts&comma; less government regulation and other policies helped fuel the market&&num;8217&semi;s gains much of the week&period; News that OPEC is largely adhering to a recent pact to cut crude oil production has also helped lift markets&period; The daily market moves have been mostly small&comma; but big enough to push indexes to new heights&period;<&sol;p>&NewLine;<p>The Dow Jones industrial average rose 96&period;97 points&comma; or 0&period;5&percnt;&comma; to 20&comma;269&period;37&period; The Standard &&num;038&semi; Poor&&num;8217&semi;s 500 index gained 8&period;23 points&comma; or 0&period;4&percnt;&comma; to 2&comma;316&period;10&period; The Nasdaq composite index added 18&period;95 points&comma; or 0&period;3&percnt;&comma; to 5&comma;734&period;13&period; All told&comma; the Nasdaq closed at a record high four times this week&comma; as well as last Friday&period;<&sol;p>&NewLine;<p>The Russell 2000 picked up 10&period;32 points&comma; or 0&period;8&percnt;&comma; to 1&comma;388&period;84&period;<&sol;p>&NewLine;<p>Trading got off to a good start early on Friday&comma; as investors sized up the latest batch of company earnings&period; Some 70&percnt; of the companies in the S&&num;038&semi;P 500 have reported quarterly results as of Friday&period; About 40&percnt; of those turned in earnings and revenue that beat Wall Street&&num;8217&semi;s forecasts&comma; according to S&&num;038&semi;P Global Market Intelligence&period;<&sol;p>&NewLine;<p>Earnings are on track to mark the second-consecutive quarter of growth after a five-quarter losing streak&period;<&sol;p>&NewLine;<p>Beyond earnings&comma; investors are also eying Washington DC for signs the Trump administration will deliver on the promised business-friendly policy proposals that helped drive a market rally last autumn&comma; including slashing government regulations and taxes&period;<&sol;p>&NewLine;<p>Investors bid up shares in companies that turned in better earnings or outlooks than Wall Street was expecting&comma; including footwear company Skechers&comma; video game publisher Activision Blizzard and real estate investment company CBRE Group&period;<&sol;p>&NewLine;<p>Skechers gained 4&period;50 dollars&comma; or 19&period;3&percnt;&comma; to 27&period;78 dollars&comma; while CBRE Group climbed 2&period;43 dollars&comma; or 7&period;7&comma; to 34 dollars&period; Activision Blizzard was the biggest gainer in the S&&num;038&semi;P 500&period; The maker of Call of Duty&comma; &&num;8216&semi;Candy Crush and other video games jumped 7&period;50 dollars&comma; or 18&period;9&percnt;&comma; to 47&period;23 dollars&period;<&sol;p>&NewLine;<p>Major stock indexes in Europe closed mostly higher&period;<&sol;p>&NewLine;<p>Britain&&num;8217&semi;s FTSE 100 added 0&period;4&percnt;&comma; while Germany&&num;8217&semi;s DAX rose 0&period;2&percnt;&period; France&&num;8217&semi;s CAC 40 was flat&period; Greece&&num;8217&semi;s stock market gained 2&period;5&percnt; as its creditors met to find a way to ease concerns about the future of its bailout program&period;<&sol;p>&NewLine;<p>In Asia&comma; investors welcomed strong January trade data from China&period; Hong Kong&&num;8217&semi;s Hang Seng rose 0&period;2&percnt;&comma; while South Korea&&num;8217&semi;s Kospi added 0&period;5&percnt;&period; Australia&&num;8217&semi;s S&&num;038&semi;P&sol;ASX 200 jumped 1&percnt;&period; Japan&&num;8217&semi;s benchmark Nikkei 225 index surged 2&period;5&percnt; as the yen weakened against the dollar&comma; lifting shares of exporters&period;<&sol;p>&NewLine;<p>Bond prices fell&period; The 10-year Treasury yield rose to 2&period;41&percnt; from 2&period;40&percnt; late on Thursday&period;<&sol;p>&NewLine;<p>The dollar strengthened to 113&period;41 yen&comma; up from 113&period;33 yen on Thursday&period; The euro weakened to 1&period;0631 dollars from 1&period;0658 dollars&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68e1511b8bc01">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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