Stocks Close Week With Gains

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& #8226; National

Wall Street ended the week with modest gains Friday, though trading was erratic as encouraging signs of a cooling housing market conflicted with signals of economic strength and left no real clue as to the Federal Reserve’s next move on interest rates.


The Dow Jones Industrial Average rose 9.68, or 0.1 percent, to 11,279.97. The Standard & Poor’s 500 Index gained 1.28, or 0.1 percent, to 1,302.95. The Nasdaq Composite Index climbed 12.67, or 0.6 percent, to 2,312.82.


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& #8226; Local


Local movers were led by CB Richard Ellis Group Inc., which gained 2.8 percent to $77.44, Reliance Steel & Aluminum Co., which rose 2.2 percent to $89.33, and Jacobs Engineering Group Inc., which climbed 2.2 percent to $86.66. On the down side, Public Storage Inc. fell 1.2 percent to $80.94, Macerich Co. lost 1 percent to $72.44 and Electro Rent Corp. slipped 4.2 percent to $15.56.

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