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Friday, November 13, 2009
U.S. Stocks Rally To 2nd Consecutive Weekly Rise
By Kate Gibson
MarketWatch Pulse
NEW YORK -- U.S. stocks on Friday finished higher for a second week of gains after quarterly reports from Walt Disney Co. and some retailers fueled optimism. "Earnings are beating out economics," said Doug Roberts, chief investment strategist for Channel Capital Research. The Dow Jones Industrial Average added 73 points, or 0.7%, to end at 10,270.47, leaving the blue-chips average up 2.5% for the week. The S&P 500 Index rose 6.24 points, or 0.6%, to 1,093.48, leaving the broader index up 2.3% from the week ago close. The Nasdaq Composite gained 18.86 points, or 0.9%, to 2,167.88, up 2.6% for the week.
Copyright © 2009 MarketWatch, Inc.
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