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Stocks Rise; S&P, Nasdaq Log 4th Weekly Gains
CNBC.com | March 09, 2012 | 04:56 PM EST

Stocks eked out modest gains Friday, buoyed by a better-than-expected government jobs report, but still ended off their best levels following news of a "credit event" in Greece.

Meanwhile, the S&P 500 and Nasdaq logged gains for a fourth consecutive week.

The Dow Jones Industrial Average squeezed out a gain of 14.08 points, or 0.11 percent, to close at 12,922.02, led by JPMorgan . Hewlett-Packard led the laggards.

The S&P 500 gained 4.96 points, or 0.36 percent, to end at 1,370.87. The Nasdaq rose 17,92 points, or 0.60 percent, to finish at 2,988.34.

The CBOE Volatility Index, widely considered the best gauge of fear in the market, ended near 17 following a mid-week spike.

For the week, the Dow slipped 0.43 percent, while the S&P added 0.09 percent, and the Nasdaq climbed 0.41 percent. H-P was the biggest weekly decliner on the Dow, while Wal-Mart led the gainers.

Telecoms were the biggest sector gainers for the week, while materials lagged.

And today marks the three-year anniversary of the bull market following the global banking crisis. The Dow and the S&P 500 have both rallied almost 100 percent since the March 2009 lows, while the Nasdaq has surged more than 130 percent. (Read More: Stocks Double in 3 Years, But Many Stay on Sidelines )

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