Stocks held on to modest gains on Wall Street Friday, ending the week higher for the first time in three weeks.
Investors took in stride a report showing that a closely watched measure of inflation came in somewhat hotter than expected last month. The yield on the 10-year Treasury note fell slightly.
Salesforce.com rose 5.4%, the biggest gain in the S&P 500, after reporting solid results for its latest quarter. U.S. markets will be closed Monday for Memorial Day.
On Friday:
The S&P 500 rose 3.23 points, or 0.1%, to 4,204.11.
The Dow Jones Industrial Average rose 64.81 points, or 0.2%, to 34,529.45.
The Nasdaq rose 12.46 points, or 0.1%, to 13,748.74.
The Russell 2000 index of smaller companies fell 4.10 points, or 0.2%, to 2,268.97.
For the week:
The S&P 500 is up 48.25 points, or 1.2%.
The Dow is up 321.61 points, or 0.9%.
The Nasdaq is up 277.75 points, or 2.1%.
The Russell 2000 is up 53.70 points, or 2.4%.
For the year:
The S&P 500 is up 448.04 points, or 11.9%.
The Dow is up 3,922.97 points, or 12.8%.
The Nasdaq is up 860.46 points, or 6.7%.
The Russell 2000 is up 294.12 points, or 14.9%.
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