Dow 13,000 is a big number

12,982.95 1.74(0.01%)

By: JeeYeon Park

CNBC.com Writer

Stocks ended narrowly mixed in another lackluster session Friday as investors hesitated to remain long ahead of the weekend, but the major indexes still posted gains for the week with the S&P logging its best finish since June 2008.


The Dow Jones Industrial Average slipped 1.74 points, or 0.01 percent, to end at 12982.95.


The blue-chip index has flirted with the psychologically-significant 13,000 level all week after initially crossing the mark on Tuesday for the first time since May 2008, but has yet to close above the milestone.

The S&P 500 gained 2.28 points, or 0.17 percent, to finish at 1,365.74, logging its best close in almost 3-1/2 years. The Nasdaq rose 6.77 points, or 0.23 percent, to close at 2,963.75.

The CBOE Volatility Index, widely considered the best gauge of fear in the market, ended above 17.

For the week, the Dow climbed 0.41 percent, the S&P advanced 0.33 percent, while the Nasdaq added 0.41 percent.