By: JeeYeon Park CNBC.com Writer
Stocks finished near session highs Friday,
recovering from a two-day slump, lifted by upbeat economic data from
Europe and after comments from St. Louis Fed President James Bullard
that the central bank's aggressive easy money policy will stay for a
"long time."
The Dow eked out a slim weekly gain, avoiding its third-consecutive weekly decline. Meanwhile, the S&P 500 posted its first weekly loss this year, snapping its seven-week win streak.
The Dow Jones Industrial Average rallied 119.95 points, or 0.86 percent, to finish at 14,000.57, led by Hewlett-Packard and Home Depot. Interestingly, the blue-chip index has so far posted a gain every Friday of this year, matching the Friday win streak from July through September of 2012.
The S&P 500 jumped 13.18 points, or 0.88 percent, to close at 1,515.60. And the Nasdaq advanced 30.33 points, or 0.97 percent, to end at 3,161.82.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, fell near 14.
The Dow eked out a slim weekly gain, avoiding its third-consecutive weekly decline. Meanwhile, the S&P 500 posted its first weekly loss this year, snapping its seven-week win streak.
The Dow Jones Industrial Average rallied 119.95 points, or 0.86 percent, to finish at 14,000.57, led by Hewlett-Packard and Home Depot. Interestingly, the blue-chip index has so far posted a gain every Friday of this year, matching the Friday win streak from July through September of 2012.
The S&P 500 jumped 13.18 points, or 0.88 percent, to close at 1,515.60. And the Nasdaq advanced 30.33 points, or 0.97 percent, to end at 3,161.82.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, fell near 14.
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