The stock market had another turbulent session Friday, capping off one of the more eventful weeks on Wall Street in years. The Dow Jones industrial average soared more than 250 points following strong earnings from Morgan Stanley, General Electric and Textron as well as some encouraging U.S. economic reports.
The Dow Jones industrial average rose 263.17 points, or 1.6 per cent, to 16,380.41.
The Standard & Poor’s 500 index rose 24 points, or 1.3 per cent, to 1,886.76.
The Nasdaq composite gained 41.05 points, or 1 per cent, to 4,258.44.
For the week:
The Dow Jones industrial average fell 163.69 points, or 1 per cent.
The Standard & Poor’s 500 index fell 19.37 points, or 1 per cent.
The Nasdaq composite lost 17.80 points, or 0.4 per cent.
For the year:
The Dow is down 196.25 points, or 1.2 per cent.
The S&P 500 index is up 38.40 points, or 2.1 per cent.
The Nasdaq is up 81.85 points, or 2 per cent.