Stocks advanced Friday, capping a strong week, helped by a recovery in the price of oil and earnings from Olive Garden owner Darden Restaurants and sportswear giant Nike. The Nasdaq composite index inched closer to its all-time high set at the height of the dot-com bubble.
The Dow rose 168.62 points, or 0.9 per cent, to 18,127.65.
The Standard & Poor’s 500 index added 18.79 points, or 0.9 per cent, to 2,108.06.
The Nasdaq composite rose 34.04 points, or 0.7 per cent, to 5,026.42.
For the week:
The Dow is up 378.34 points, or 2.1 per cent.
The S&P 500 index is up 54.66 points, or 2.7 per cent.
The Nasdaq is up 154.66 points, or 3.2 per cent.
For the year:
The Dow is up 304.58 points, or 1.7 per cent.
The S&P 500 index is up 49.16 points, or 2.4 per cent.
The Nasdaq is up 290.36 points, or 6.1 per cent.