Stocks closed modestly higher on Friday, ending three days of losses, after the U.S. government’s disappointing jobs report added to speculation that the Federal Reserve might keep interest rates low for another year.
The Dow Jones industrial average rose 79.92 points, or 0.5 per cent, to 17,740.63.
The Standard & Poor’s 500 index added 6.51 points, or 0.3 per cent, to 2,057.14.
The Nasdaq composite index rose 19.06 points, or 0.4 per cent, to 4,736.16.
For the week:
The Dow fell 33.01 points, or 0.2 per cent.
The S&P 500 index lost 8.16 points, or 0.4 per cent.
The Nasdaq composite fell 39.20 points, or 0.8 per cent.
For the year:
The Dow is up 315.60 points, or 1.8 per cent.
The S&P 500 is up 13.20 points, or 0.7 per cent.
The Nasdaq is down 271.25 points, or 5.4 per cent.