On Friday, February 23rd, U.S. stock markets closed mixed, with the S&P 500 and Dow Jones hitting new highs, supported by weekly gains across Wall Street and the continued rally in AI stocks.
In economic data, Baker Hughes reported a rise of 6 rigs in the total active U.S. oil rigs count this week.
Most S&P 500 sectors closed with gains, with utilities, materials, and industrials leading the pack.
The Dow Jones Industrial Average gained by 0.16%, closing at 39,131.53, the S&P 500 rose 0.03% to reach 5,088.80, while the Nasdaq Composite was down 0.28%, concluding the trading day …
