Stocks gained ground on Wall Street as the market comes off its best month in more than a year.
The S&P 500 rose 0.6% Friday, marking its fifth straight week of gains. The Dow Jones Industrial Average rose 294 points and the Nasdaq composite added 0.6%.
In company news, Ulta Beauty soared 10.8% after reporting better-than-expected results for its latest quarter and raising its forecast. Gainers outnumbered decliners by roughly 6-to-1 on the New York Stock Exchange. Investors entered December on track to close out the year with solid gains. Treasury yields and crude oil prices fell.
On Friday:
The S&P 500 rose 26.83 points, or 0.6%, to 4,594.63
The Dow Jones Industrial Average rose 294.61 points, or 0.8%, to 36,245.50.
The Nasdaq composite rose 78.81 points, or 0.6%, to 14,305.03.
The Russell 2000 index of smaller companies rose 53.62 points, or 3% to 1,862.64.
For the week:
The S&P 500 is up 35.29 points, or 0.8%.
The Dow is up 855.35 points, or 2.4%.
The Nasdaq is up 54.18 points, or 0.4%.
The Russell 2000 is up 55.14 points, or 3.1%.
For the year:
The S&P 500 is up 755.13 points, or 19.7%.
The Dow is up 3,098.25 points, or 9.3%.
The Nasdaq is up 3,838.55 points, or 36.7%.
The Russell 2000 is up 101.40 points, or 5.8%.
