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The Stock Market Is on a 4-Week Winning Streak

Stocks Rally Over 200 Points
Spencer Platt—Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) on March 11, 2016 in New York City. Following news of a European Central Bank stimulus and a rise in global oil prices, stocks surged on Friday with the Dow finishing up over 200 points.

The bull market keeps charging.

The U.S. stock market closed Friday afternoon with four straight weeks of gains — something not seen since November.

The Dow Jones Industrial Average traded more than 200 points higher and the S&P 500 topped 2,000 on Friday, highs for both indexes that have not been seen since early January, CNBC reports. The S&P was also only 1.3% lower when compared to its performance a year ago. The Dow closed at 17,213 for the week.

Rising oil prices and increased investor confidence following European Central Bank announcements on stimulus helped the markets close high.

Read Next: 5 Things to Know About This Bull Market on Its 7th Birthday

This month of positive growth should calm investors who were panicking earlier this year about the market’s slumping stocks, triple-digit daily dips, and the aging bull market, which entered its seventh year earlier this week.

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