NEW YORK (Reuters) - The S&P 500 index on Friday closed above the 1,500 level for the first time in more than five years as strong U.S. earnings reports from Procter & Gamble and others helped the benchmark extend its rally to eight days.
The Dow Jones industrial average was up 70.50 points, or 0.51 percent, at 13,895.83. The Standard & Poor's 500 Index was up 8.11 points, or 0.54 percent, at 1,502.93. The Nasdaq Composite Index was up 19.33 points, or 0.62 percent, at 3,149.71.
For the week, the Dow rose 1.8 percent, the S&P climbed 1.1 percent and the Nasdaq rose 0.5 percent. It was the fourth straight week of gains for all three indexes.
(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)
Trending On Reuters
Over a dozen debt-laden farmers have committed suicide in recent weeks in India, and discontent in many rural areas against government policies is turning into anger against Prime Minister Narendra Modi less than a year after he swept into office. Full Article
Iran, powers close in on 2-3 page nuclear deal; success uncertain - officials Full Article