Dow/S&P 500 Up 8-Straight Weeks

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U.S. markets finished Friday mostly higher while setting record highs with the Dow and S&P 500 working on 8-week winning streaks for the first time in four years. The Nasdaq is riding a six-week winning streak after gaining 0.7% and was up nearly 1% for the week. The Russell 2000 struggled after spending much of the session underwater while closing slightly lower and ending the week with a 1% pullback.

ANALYST UPGRADES / DOWNGRADES
Regeneron (REGN) upgraded to Neutral from Underperform at Baird
Twitter (TWTR) upgraded to Buy from Hold at Argus
Wingstop (WING) upgraded to Buy from Hold at Stifel

Blue Apron (APRN) downgraded to Underweight from Equal Weight at Barclays
Flowserve (FLS) downgraded to Market Perform from Outperform at BMO Capital
Teva (TEVA) downgraded to Hold from Buy at Deutsche Bank

EARNINGS
Monday’s scheduled earnings include:
AMC Entertainment (AMC), BroadSoft (BSFT), Cardinal Health (CAH), CVS Health (CVS), Etsy (ETSY), Freshpet (FRPT), LouisianaPacific (LPX), Michael Kors (KORS), Mylan (MYL), Priceline Group (PCLN), Red Robin Gourmet Burgers (RRGB), Skyworks Solutions (SWKS), TripAdvisor (TRIP), TrueCar (TRUE), Weight Watchers International (WTW)

UPCOMING ECONOMIC NEWS
Monday’s economic reports (EST):
TD Ameritrade IMX – 12:30pm
Treasury STRIPS – 3:00pm

METALS / OIL
Gold closed at $1,269.20 an ounce, down $8.90
Silver settled at $16.83 an ounce, down $0.30
Copper finished at $3.12 a pound, down$0.03
Brent Crude Oil closed at $62.07 a barrel, up $1.37