Technology companies helped lift stocks on Wall Street to a record high Friday.
Apple and Intel soared about 2 percent. The S&P 500 rose 0.8 percent for its third straight weekly gain. The Dow Jones Industrial Average gained 0.9 percent, setting its own record high. The Nasdaq composite gained 0.5 percent. Levi Strauss shares jumped after the jeans maker posted strong first-quarter results.
Stocks have been edging higher most of the week as investors remain cautiously optimistic about economic growth and progress against the pandemic.
On Friday:
The S&P 500 rose 31.63 points, or 0.8 percent, to 4,128.80.
The Dow Jones Industrial Average rose 297.03 points, or 0.9 percent, to 33,800.60.
The Nasdaq rose 70.88 points, or 0.5 percent, to 13,900.19.
The Russell 2000 index of smaller companies rose 0.88 points, or less than 0.1 percent to 2,243.47.
For the week:
The S&P 500 is up 108.93 points, or 2.7 percent.
The Dow is up 647.39 points, or 2 percent.
The Nasdaq is up 420.08 points, or 3.1 percent.
The Russell 2000 is down 10.43 points, or 0.5 percent.
For the year:
The S&P 500 is up 372.73 points, or 9.9 percent.
The Dow is up 3,194.12 points, or 10.4 percent.
The Nasdaq is up 1,011.90 points, or 7.9 percent.
The Russell 2000 is up 268.62 points, or 13.6 percent.
First Published: Apr 10, 2021 10:00 AM IST
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