NEW YORK: Wall Street closed its latest winning week with more gains Friday (Saturday), pushing US stocks to new heights.

The S&P 500 rose 40.81 points, or 0.8 percent, to 5,137.08 a day after setting an all-time high. It's been on a tremendous run and has climbed in 16 of the last 18 weeks because of excitement about cooling inflation and a mostly resilient US economy.

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