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Updated from 4:08 p.m. EDT
Stocks ended the week with solid gains Friday as traders cheered surprisingly positive data on the housing sector and the broader economy.
The Dow Jones Industrial Average rose 142.99 points, or 1.08%, to 13,378.87, helped by a strong upswing in the last hour of trading. The S&P 500 added 16.87 points, or 1.15%, to 1479.37. After opening lower, the Nasdaq Composite jumped 34.99 points, or 1.38%, to 2576.69.
The market shrugged off early sluggishness after the Commerce Department said new-home sales unexpectedly rose 2.8% to 870,000 annualized units. Economists had expected that sales would decline 1% to 825,000 units. June's initial read of 834,000 units was revised upward to 846,000. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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