How the Dow Jones industrial average fared Friday
Posted at: 05/17/2013 3:06 PM
Encouraging news about the U.S. economy pushed stock prices higher on Wall Street Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering. The Dow Jones industrial average and the Standard & Poor’s 500 index ended higher for a fourth straight week. The Dow Jones industrial average rose 121.18 points, or 0.8 percent, to close at 15,354.40. The Standard & Poor’s 500 index gained 15.65, or 1 percent, to 1,666.12. The Nasdaq composite index rose 33.72 points, or 1 percent, to 3,498.97. For the week: The Dow is up 235.91 points, or 1.6 percent. The S&P 500 is up 32.42 points, or 2 percent. The Nasdaq is up 62.39 points, or 1.8 percent. For the year: The Dow is up 2,250.26 points, or 17.2 percent. The S&P 500 is up 239.93 points, or 16.8 percent. The Nasdaq is up 479.46 points, or 15.9 percent.
By The Associated Press
(Copyright 2013 by The Associated Press. All Rights Reserved.)
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