Stocks closed higher after struggling to find direction much of the day amid light volume and ahead of a week filled with economic data.
The Dow Jones Industrial Averagerose 47.53 points, or 0.5 percent, to close at 10,462.77. The blue-chip index was up 14.84 points for the week, or 0.14 percent. With this week's action, the Dow edged into positive territory for the year, up 0.3 percent.
General Electric , Pfizer and Merck led the Dow higher for the week, while Hewlett-Packard and American Express fell.
The S&P 500 rose 5.37 points, or 0.5 percent, to 1,109.55. The broad index rose 5 points, or 0.5 percent, for the week, but is still lower for the year. The S&P was pushed higher by JDS Uniphase, which rose 11.8 percent for the week, and Oracle, which rose 9.3 percent.
The Nasdaq rose 6.28 points, or 0.3 percent, to 2,242.48. The tech-heavy index rose 8.73 points this week, or 0.4 percent, but is still slightly down for the year. Oracle also pushed the Nasdaq higher, as did Adobe , which rose 9.2 percent.
The CBOE Volatility Index, widely considered the best gauge of fear in the market, fell below 22.
Energy, health care and consumer discretionary gained, while utilities slipped.Page 1 of 6 | Next Page