Stocks End Higher; S&P 500 Nabs Biggest Weekly Gain Of Year
U.S. stocks closed with solid gains Friday, handing the S&P 500 its largest weekly advance of 2014. Investors shrugged off worries about New York's first Ebola case, which had weighed on U.S. stock futures. Sentiment got a lift from stronger-than-anticipated housing data and better-than-expected quarterly results from companies such as Procter & Gamble Co. The S&P 500 finished up 13.75 points, or 0.7%, to 1964.57, according to early data. The benchmark rose 4.1% for the week, snapping a four-week losing streak. The Dow Jones Industrial Average advanced by 127.51 points, or 0.8%, to close at 16,805.41 on Friday, according to early data. It gained 2.6% for the week, also halting a four-week losing streak.
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