News

How the Dow Jones industrial average fared on Friday

U.S. stocks snapped a five-day losing streak Friday as investors welcomed a surge in oil prices and an encouraging report on retail sales.

Financial stocks, which have been the worst performing part of the market this year, led the rally. Energy stocks also surged.

On Friday:

The Dow Jones industrial average rose 313.66 points, or 2 per cent, to 15,973.84.

The Standard & Poor’s 500 index gained 35.70 points, or 2 per cent, to 1,864.78.

The Nasdaq composite added 70.67 points, or 1.7 per cent, to 4,337.51.

For the week:

The Dow is down 231.13 points, or 1.4 per cent.

The S&P 500 is down 15.27 points, or 0.8 per cent.

The Nasdaq is down 25.63 points, or 0.6 per cent.

For the year:

The Dow is down 1,451.19 points, or 8.3 per cent.

The S&P 500 is down 179.16 points, or 8.8 per cent.

The Nasdaq is down 669.90 points, or 13.4 per cent.