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NEW YORK – 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.
On Friday:
The S&P 500 added 1.02 points, or less than 0.1 per cent, at 2,732.22.
The Dow Jones industrial average edged up 19.01 points, or 0.1 per cent, to 25,219.38.
The Nasdaq composite fell 16.96 points, or 0.2 per cent, to 7,239.47.
The Russell 2000 index of smaller company stocks gained 6.35 points, or 0.4 per cent, to 1,543.55.
For the week:
The S&P 500 rose 112.67 points, or 4.3 per cent.
The Dow added 1,028.48 points, or 4.3 per cent.
The Nasdaq climbed 364.97 points, or 5.3 per cent.
The Russell 2000 jumped 65.71 points, or 4.4 per cent.
For the year:
The S&P 500 is up 58.61 points, or 2.2 per cent.
The Dow is up 500.16 points, or 2 per cent.
The Nasdaq is up 336.07 points, or 4.9 per cent.
The Russell 2000 is up 8.04 points, or 0.5 per cent.
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