Encouraging news about the U.S. economy pushed stock prices higher on Wall Street Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering. The Dow Jones industrial average and the Standard & Poor's 500 index ended higher for a fourth straight week.
The Dow Jones industrial average rose 121.18 points, or 0.8 percent, to close at 15,354.40.
The Standard & Poor's 500 index gained 15.65, or 1 percent, to 1,666.12.
The Nasdaq composite index rose 33.72 points, or 1 percent, to 3,498.97.