The Dow Jones industrial average logged its best week of the year on Friday.
Stocks rose as investors focused on company earnings and shrugged off a weak report on industrial production for January, attributing the slump to unusually cold winter. Cliffs Natural Resources and Campbell Soup were among the companies that rose after reporting earnings.
The Dow Jones industrial average rose 126.80 points, or 0.8 percent, to 16,154.39.
The Standard & Poor's 500 index gained 8.80 points, or 0.5 percent, to close at 1,838.63.
The Nasdaq composite rose 3.35 points, or 0.1 percent, to 4,244.03.
For the week:
The Dow is up 360.31 points, or 2.3 percent.
The S&P 500 is up 41.61 points, or 2.3 percent.
The Nasdaq has risen 118.17 points, or 2.9 percent.
For the year so far:
The Dow is down 422.27 points, or 2.6 percent.
The S&P 500 is down 9.73 points, or 0.5 percent.
The Nasdaq is up 67.44 points, or 1.6 percent.
- Stocks & Offerings
- Dow Jones industrial average
- industrial production