Oil, Manufacturing Boost Stocks

0

Lower oil prices and a rebound in manufacturing activity helped Wall Street extend its rally Friday, lifting the Dow and the S & P; 500 to a fresh five-year high for the fourth straight session. The major indexes each gained about 2 percent for the week.


The Dow climbed 26.41, or 0.2 percent, to 11,279.65, its highest level since reaching 11,301.74 on May 21, 2001. The S & P; 500 Index rose 1.92, or 0.2 percent, to 1,307.25, its highest close since it reached 1,309.38 on May 22, 2001. The Nasdaq Composite Index added 6.92, or 0.3 percent, to 2,306.48.


*

Read the full Associated Press story

.

No posts to display