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S&P 500, Nasdaq Close Week at New Highs: Stock Market Today

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(Image credit: Getty Images) All three main U.S. equity indexes were higher heading into the weekend after a better-than-expected jobs report suggested the U.S. economy is, so far, absorbing an energy shock from the war in the Middle East just fine. The S&P 500 wrapped up a sixth consecutive week of gains at another new closing high, and the Nasdaq Composite finished in record territory, too, as Apple ( AAPL ) and Intel ( INTC ) reached an agreement on chips for the iPhone maker's devices. INTC (+13.9%) had extended its 2026 rally on rumors of a new manufacturing pact with Apple, and the semiconductor stock bounced big after The Wall Street Journal confirmed an agreement for the chipmaker to provide silicon for the iPhone maker's (+2.0%) products. Meanwhile, the front-month West Texas Intermediate crude futures contract backed off its morning highs but was still up 0.1% for the day at $94.92 per barrel, as talks between the U.S. and Iran continue.…

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