Stock Market Today: Stocks close higher, S&P 500 marks fourth daily gain
But Alphabet's bullish earnings cheer investors. Tariff worries persist even as president insists many trade deals are close.
Updated at 4:52PM ET by Rob Lenihan
Stocks finished higher Friday, amid surging tech stocks and the ever-evolving tariff situation.
The Dow Jones Industrial Average inched up 0.05%, or 20 points to end the session at 40,113.50, while the S&P 500 gained 0.74% to close at 5,525.21, marking its longest winning streak since January.
The tech-heavy Nasdaq Composite added 1.26% to finish the day at 17,282.94.
Alphabet, Tesla, and Facebook parent Meta Platforms all posted gains.
The major averages rose on the week, notching their second positive week out of three, CNBC reported.
The S&P 500 rose 4.6%, while the Nasdaq climbed 6.7%. The Dow has underperformed but still cinched a one-week advance of 2.5%.
With these latest gains, Nasdaq is now slightly positive for the month, but the S&P 500 is down 1.5% month to date. The Dow has fallen 4.5% so far in April.
3:20 p.m. ET
Stocks were trying to finish higher for a fourth straight day despite a report on consumer confidence suggested Americans are increasingly worried about the state of the economy now and in the future.
Tech stocks were leading the effort to lift the market generally.