The S&P 500 booked its longest winning streak in over a year as better-than-expected jobs growth overshadowed Congressional gridlock on COVID-19 relief.

Stocks fought off losses in the final hour of trading and the S&P 500 booked its longest winning streak in over a year as better-than-expected jobs growth overshadowed Congressional gridlock on a new COVID-19 relief package and growing tension between the U.S. and China. The S&P 500 eked out a fractional gain of 0.06 percent to extend its winning streak to six days, the longest since April 2019. The Dow Jones Industrial Average gained 47 points, or 0.17 percent, while the Nasdaq Composite dropped 0.87 percent.

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