NEW YORK, N.Y. – U.S. stocks rose Friday as health care companies recovered some of their recent losses and banks climbed. The market stretched its recent winning streak to its fifth week and wiped out most of its losses from the beginning of this year.
The Dow Jones industrial average climbed 120.81 points, or 0.7 per cent, to 17,602.30.
The S&P 500 rose 8.99 points, or 0.4 per cent, to 2,049.58.
The Nasdaq composite added 20.66 points, or 0.4 per cent, to 4,795.65.
For the week:
The Dow gained 388.99 points, or 2.3 per cent.
The S&P 500 jumped 27.39 points, or 1.4 per cent.
The Nasdaq picked up 47.18 points, or 1 per cent.
For the year:
The Dow is up 177.27 points, or 1 per cent.
The S&P 500 is up 5.64 points, or 0.3 per cent.
The Nasdaq is down 211.76 points, or 4.2 per cent.