U.S. stocks closed out a turbulent week with a solid gain on Friday as investors welcomed good news on the U.S. economy. Nike soared 12 percent, the most in the Dow, after reporting higher earnings.
The Dow Jones industrial average surged 167.35 points, or 1 percent, to close at 17,113.15.
The S&P 500 index rose 16.86 points, or 0.9 percent, to 1,982.85.
The Nasdaq composite climbed 45.45 points, or 1 percent, to 4,512.19.
For the week:
The Dow fell 166.59 points, or 1 percent.
The S&P 500 fell 27.55 points, or 1.4 percent.
The Nasdaq composite fell 67.60 points, or 1.5 percent.
For the year:
The Dow is up 536.49 points, or 3.2 percent.
The S&P 500 index is up 134.49 points, or 7.3 percent.
The Nasdaq is up 335.60 points, or 8 percent.