The S&P 500 rose slightly Friday, reaching the 4,300 benchmark for the first time since August 2022 as investors looked ahead to new inflation data set for release next week, along with the Federal Reserve's latest policy announcement.

The broader market index gained 0.11%, closing at 4,298.86. The Nasdaq Composite rose 0.16% to end at 13,259.14. The Dow Jones Industrial Average traded up 43.17 points, or 0.13%, closing at 33,876.78.

For the week, the S&P 500 was up 0.39%, marking the index's fourth straight weekly gain and its longest weekly winning streak since August. The Nasdaq was up about 0.14%, posting its seventh straight advance one-week advance its first streak of that length since November 2019. The Dow advanced 0.34% on the week.

Investors were encouraged by signs that a broader swath of stocks, including small-cap equities, was participating in the recent rally.

Source : CNBC