Stocks are closing greater Friday after a slack surge by technology stocks led the S&P 500 to a recent excessive. The wobbly week of trading ended with the Dow Jones Industrial Sensible and Nasdaq at anecdote highs additionally. Traders focused on trillions of bucks of doable authorities relief that will be coming for the financial system, as Democrats come their stimulus equipment. Companies reported solid earnings, including manufacturer Mohawk Industries and genetic making an are attempting out firm Illumina. Bond yields rose, giving banks a boost.
The S&P 500 rose 18.45 points, or 0.5%, to three,934.83.
The Dow Jones Industrial Sensible rose 27.70 points, or 0.1%, to 31,458.40.
The Nasdaq rose 69.70 points, or 0.5%, to 14,095.47.
The Russell 2000 index of smaller companies rose 4.04 points, or 0.2%, to 2,289.36.
For the week:
The S&P 500 is up 48 points, or 1.2%.
The Dow is up 310.16 points, or 1%.
The Nasdaq is up 239.18 points, or 1.7%.
The Russell 2000 is up 56.03 points, or 2.5%.
For the yr:
The S&P 500 is up 178.76 points, or 4.8%.
The Dow is up 851.92 points, or 2.8%.
The Nasdaq is up 1,207.19 points, or 9.4%.
The Russell 2000 is up 314.50 points, or 15.9%.