Pakistan, May 31 -- Wall Street pushed further into the record books Friday, as the major stock indexes extended the market's recent winning streak and closed out a solid month of gains. The S&P 500 rose 0.2%, notching its seventh consecutive gain and ninth straight winning week - the longest such streak since 2023. The benchmark index set an all-time high for the fourth day in a row.

The Dow Jones Industrial Average gained 0.7% and the Nasdaq composite added 0.2%. The Dow and Nasdaq also reached new heights after posting record highs earlier in the week.

Big technology stocks have been behind much of the market's record-breaking streak. Their pricey stock values give them more influence in directing the market higher or lower. In May a...