The stock market capped a strong week with an advance that sent the S&P 500 higher by 0.5% to extend its weekly gain to 3.4%. The Dow Jones Industrial Average (+0.2%) underperformed today, but the price-weighted index still managed to add 3.0% for the week.
After adding more than 88 points in the previous two sessions, the S&P 500 spent the first half of Friday near its flat line, but climbed ahead of the close. Despite the sharp midweek surge, buying interest remained in place with nine of ten sectors ending the day in the green.