S&P 500 closes lower, but posts third straight weekly gain: Live updates - CNBC

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- S&P 500 closed lower on the day, slipping from a record high, according to CNBC and Yahoo Finance headlines
- The index capped its third straight week of gains, a positive streak that extends despite the daily pullback
- Investors weighed economic data and Middle East tensions as key drivers of the session's decline, per Reuters
Why it matters: The S&P 500's daily slip from record highs is the headline, but the three-week winning streak is the real story: the broader uptrend is intact despite the noise. Middle East tensions and mixed data are creating session-level volatility, yet the weekly direction remains positive for investors looking past single-day moves.
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