Stocks finished higher in a tight-range session Friday, with the Dow and S&P 500 logging gains for the sixth-consecutive week, following a pair of better-than-expected economic reports.
All three major averages have rallied more than 10 percent since hitting their intraday lows on June 4.
The Dow Jones Industrial Average gained 25.09 points, or 0.19 percent to close at 13,275.90, but a few points below its closing high of December 2007. The blue-chip index traded in a tight 36-point range, its narrowest in more than two years.
The S&P 500 eked out a gain of 2.65 points, or 0.19 percent, to finish at 1,418.16. The Nasdaq climbed 14.20 points, or 0.46 percent, to end at 3,076.59.
The CBOE Volatility Index, widely considered the best gauge of fear in the market, fell below 14, touching its lowest level in five years.
For the week, the Dow rose 0.51 percent, the S&P 500 added 0.87 percent, and the Nasdaq rallied 1.84 percent. Cisco led the weekly gainers on the Dow, while Merck sagged.
Among the key S&P sectors, techs led the gainers for the week, while utilities slumped.Page 1 of 5 | Next Page