U.S. stocks closed higher Friday as investors bet that a spate of
economic data, including the March jobs report, wouldn't speed up the
pace of interest-rate increases. The S&P 500 gained 13.05 points, or
0.6%, to 2,072.79 -- bolstered by health-care and consumer-staples
shares like Walgreens Boots Alliance
WBA, +2.92%
The index gained 1.8% on the
week, its strongest performance in a month. The Dow industrials gained
107.73 points, or 0.6%, to 17,792.82, led higher by Goldman Sachs Group
Inc.
GS, +1.81%
and Visa Inc.
V, +1.45%
The blue-chip gauge rose 1.6%,
its strongest gain in two weeks. The Nasdaq Composite gained 44.69
points, or 0.9%, to 4,914.54 for a weekly gain of 3% -- its best
performance in six weeks.
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