U.S. stocks rally 119.95 points, to end at 14,000.57
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- U.S. stocks rallied on Friday, with the Dow Jones Industrial Average erasing weekly losses, after better-than-expected results from personal-computer maker Hewlett-Packard Co. and an upbeat report on German business confidence. The Dow gained 119.95 points, or 0.9%, to end at 14,000.57; for the week, it rose 0.1%. Shares of Hewlett-Packard Co. , the top Dow gainer, soared 12.3%. The S&P 500 index rose 13.18 points, or 0.9%, to end at 1,515.60; however, for the week the index fell 0.3%, breaking its seven-week winning streak. The Nasdaq Composite index climbed 30.33 points, or 1%, to end at 3,161.82; for the week, it dropped 1%.