NEW YORK (Reuters) - U.S. stocks rose on Friday, giving the S&P 500 its first weekly gain in four as the impact of a weak reading on the labor market was dulled by harsh weather conditions and traders focused on expectations of further economic strength.
Based on the latest available data, the Dow Jones industrial average rose 165.55 points or 1.06 percent, to end unofficially at 15,794.08. The S&P 500 gained 23.59 points or 1.33 percent, to finish unofficially at 1,797.02. The Nasdaq Composite added 68.739 points or 1.69 percent, to close unofficially at 4,125.861.
For the week, all three indexes rose, with the Dow up 0.6 percent, the S&P 500 up 0.8 percent and the Nasdaq up 0.5 percent.
(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app