The S&P 500 (^GSPC) cleared the 5,000 milestone to notch record highs Friday morning. The move extends the index's streak to five straight weeks of gains amid resilient market momentum. Shares of cosmetics maker L’Oréal (OR.PA) came under pressure after fourth-quarter sales missed estimates, impacted by underperformance in Asian markets in late 2023. Take-Two Interactive (TTWO) stock sank following disappointing mobile ad sales and lower-than-anticipated revenue for its NBA 2K game, prompting the video game company to issue soft full-year guidance. Consumer goods conglomerate Newell Brands (NWL) offered cautious 2024 guidance, projecting a 5-8% net sales decline for the year. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

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