Originally published Friday, December 3, 2010 at 2:41 PM
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How the major stock indexes fared Friday
Stocks staged a late afternoon rally after spending most of the day weighed down by an unexpected rise in the unemployment rate. Indexes wound up closing higher for the third straight day. Materials and energy companies led the rebound. The Dow Jones industrial average rose 2.6 percent for the week, its best weekly gain since hitting a 2010 high on Nov. 5. The Dow is now just 0.5 percent below that level.
The Associated Press
Stocks staged a late afternoon rally after spending most of the day weighed down by an unexpected rise in the unemployment rate. Indexes wound up closing higher for the third straight day. Materials and energy companies led the rebound. The Dow Jones industrial average rose 2.6 percent for the week, its best weekly gain since hitting a 2010 high on Nov. 5. The Dow is now just 0.5 percent below that level.
The Dow Jones industrial average rose 19.68, or 0.2 percent, to 11,382.09.
The Standard & Poor's 500 index rose 3.18, or 0.3 percent, to 1,224.71.
The Nasdaq composite index rose 12.11, or 0.5 percent, to 2,591.46.
For the week:
The Dow is up 290.09, or 2.6 percent.
The S&P is up 35.31, or 3 percent.
The Nasdaq is up 56.90, or 2.2 percent.
For the year:
The Dow is up 954.04, or 9.1 percent.
The S&P is up 109.61, or 9.8 percent.
The Nasdaq is up 322.31, or 14.2 percent.
UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case
UPDATE - 09:32 AM
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UPDATE - 08:04 AM
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UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall
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