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Dow adds nearly 300 points Friday for new record close; S&P 500 notches eighth winning week: Live updates
Stocks rose Friday as Treasury yields eased, resulting in a winning week for Wall Street despite heightened volatility.
The Dow Jones Industrial Average gained 294.04 points, or 0.58%, to end at 50,579.70. The 30-stock index hit an intraday all-time high and posted another record close. The S&P 500 rose 0.37% to settle at 7,473.47. The Nasdaq Composite climbed 0.19%, ending at 26,343.97.
Although all three indexes closed in the green on Friday, they finished off their highs reached earlier in the session.
"It's the everything market," Steve Sosnick, chief strategist at Interactive Brokers, told CNBC. "The market [is] telling you today they're much more concerned that they're going to miss some sort of peace in the Middle East than they are about the risks of going home long over the weekend."
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