Written by Associated Press
(AP) — Stocks powered higher for the sixth day in a row Friday as the market wrapped up its best week in five years. Investors fled the market early this month, but they’ve recovered most of those losses as a combination of lower prices and rising company profits have them buying stocks again.
The S&P 500 added 1.02 points, or less than 0.1 percent, at 2,732.22.
The Dow Jones industrial average edged up 19.01 points, or 0.1 percent, to 25,219.38.
The Nasdaq composite fell 16.96 points, or 0.2 percent, to 7,239.47.
The Russell 2000 index of smaller company stocks gained 6.35 points, or 0.4 percent, to 1,543.55.
For the week:
The S&P 500 rose 112.67 points, or 4.3 percent.
The Dow added 1,028.48 points, or 4.3 percent.
The Nasdaq climbed 364.97 points, or 5.3 percent.
The Russell 2000 jumped 65.71 points, or 4.4 percent.
For the year:
The S&P 500 is up 58.61 points, or 2.2 percent.
The Dow is up 500.16 points, or 2 percent.
The Nasdaq is up 336.07 points, or 4.9 percent.
The Russell 2000 is up 8.04 points, or 0.5 percent.