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Wall Street closes its fifth straight positive week
The US stocks market closed Friday with gains and posting its 5th straight positive week on the back of positive news from unemployment report and ISM and PMI indexes and a good week in terms of corporate earnings.
The Dow Jones finished the day above 14,000 for first time since October 12, 2007 following a 149.21 or 1.08% daily gain to 14,009.79. The DJIA advanced 0.82% on the week.
The S&P 500 extended gains above 1,500 with 15.06 points or 1.01% daily advance to 1,513.17. The S&P closes the week 0.68% higher. The Nasdaq Composite added 36.97 points or 1.18% to finish at 3,179.10. 0.93% weekly gains.