The main indexes booked a fourth straight weekly gain with the majority of gains coming over the Thursday and Friday trading sessions.
The El Niño weather phenomenon is starting to push up prices for agricultural commodities as its impact spreads through key crop-growing regions in Asia and beyond. Government forecasters in the U.S. and Australia have in recent weeks warned that El Niño could be the severest in nearly two decades.
Falling profits and increased borrowing at U.S. companies are rattling debt markets, a sign the six-year-long economic recovery could be under threat. Credit-rating firms are downgrading more U.S. companies than at any other time since the financial crisis, and measures of debt relative to cash flow are rising.
Listen in for much more in A Wall Street Wrap-up.
