NEW YORK (AP) — U.S. stocks powered to their biggest gain in almost nine months Friday as drugmakers and technology companies surged. Investors were cheered that President Donald Trump appeared to take a more positive tone on international trade.
On Friday:
The Standard & Poor's 500 index jumped 33.62 points, or 1.2 percent, to 2,872.87.
The Dow Jones industrial average advanced 223.92 points, or 0.8 percent, to 26,616.71.
The Nasdaq composite leaped 94.61 points, or 1.3 percent, to 7,505.77.
The Russell 2000 index of smaller-company stocks finished up 6.39 points, or 0.4 percent, to 1,608.06.
For the week:
The S&P 500 gained 62.57 points, or 2.2 percent.
The Dow rose 544.99 points, or 2.1 percent.
The Nasdaq climbed 169.39 points, or 2.3 percent.
The Russell 2000 added 10.43 points, or 0.7 percent.
For the year:
The S&P 500 is up 199.26 points, or 7.5 percent.
The Dow is up 1,897.49 points, 7.7 percent.
The Nasdaq is up 602.38 points, or 8.7 percent.
The Russell 2000 is up 72.55 points, or 4.7 percent.