How The Dow Jones Industrial Average Fared

By The Associated Press

Stocks closed higher for the fourth day in a row with a strong showing by Rite Aid, Ross Stores and other retailers.

A surprising drop in claims for unemployment benefits last week gave investors more encouragement. Analysts said it's a possible sign that a slowdown in hiring last month may have been temporary.

The Dow Jones industrial average rose 62.90 points, or 0.4 percent, to 14,865.14.

The S&P 500 index rose 5.64 points, or 0.4 percent, to 1,593.37.

The Nasdaq composite gained 2.90 points, or less than 0.1 percent, to 3,300.16.

For the week:

The Dow is up 299.89 points, or 2.1 percent.

The S&P 500 is up 40.09 points, or 2.6 percent.

The Nasdaq is up 96.30 points, or 3 percent

For the year:

The Dow is up 1,761.00 points, or 13.4 percent.

The S&P 500 is up 167.18 points, or 11.7 percent.

The Nasdaq is up 280.65 points, or 9.3 percent.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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