Stocks closed higher Friday but lost ground for the week, snapping a run of five straight weekly gains for major indexes:
Stocks closed higher Friday but lost ground for the week, snapping a run of five straight weekly gains for major indexes. The Dow Jones Industrial Average DJIA, +0.50% rose around 179 points,or 0.
5%, to finish near 36,100 according to preliminary figures, while the S&P 500 SPX, +0.72% gained around 34 points, or 0.7%, end near 4,683. The Nasdaq Composite COMP, +1.00% advanced around 157 points to around 15,861, a gain of 1%. For the week, the Dow gave up 0.6%, while the S&P 500 lost 0.3% and the Nasdaq shed 0.7%.
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