Wall Street finished the week with solid gains Friday as technology stocks led a market rally and the sector notched its best week in four months.
Financial, health care and consumer stocks also helped lift the market. The gains erased losses from last week, when the S&P 500 had its worst week of the year.
The S&P 500 index gained 14 points, or 0.5 per cent, to 2,822.48.
The Dow Jones Industrial Average rose 138.93 points, or 0.5 per cent, to 25,848.87.
The Nasdaq composite climbed 57.62 points, or 0.8 per cent, to 7,688.53.
The Russell 2000 index of smaller companies picked up 3.90 points, or 0.3 per cent, to 1,553.54.
For the week:
The S&P 500 gained 79.41 points, or 2.9 per cent.
The Dow rose 398.63 points, or 1.6 per cent.
The Nasdaq climbed 280.39 points, or 3.8 per cent.
The Russell 2000 picked up 31.65 points, or 2.1 per cent.
For the year:
The S&P 500 is up 315.63 points, or 12.6 per cent.
The Dow is up 2,521.41 points, or 10.8 per cent.
The Nasdaq is up 1,053.25 points, or 15.9 per cent.
The Russell 2000 is up 204.98 points, or 15.2 per cent.
The Associated Press