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U.S. stocks record second straight week of gains

By FXstreet.com,  June 15, 2012, 04:20:00 PM EDT

FXstreet.com (San Francisco) - U.S. stocks ended higher on Friday and gained for a second consecutive week on optimism that central banks would take action to stabilize markets if needed following the weekend's Greek elections.

The Dow Jones Industrial Average DJIA rallied 115.26 points, or 0.9%, to 12,767.17, finishing the week up 1.7%. The S&P 500 Index gained 13.74 points, or 1%, to 1,342.84, for a weekly gain of 1.3%. The Nasdaq Composite climbed 36.47 points, or 1.3%, to 2,872.80 to record a 0.5% weekly gain.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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