U.S. stocks end up; Nasdaq gains 1.5% for week

MarketWatch (24/8) - SAN FRANCISCO - U.S. stocks ended higher Friday, shaking off early losses after a disappointing existing home sales report, as some investors took the data as a factor that could delay the start of the Federal Reserve's reduced bond purchases. The Dow Jones Industrial Average rose nearly 47 points, or 0.3%, to 15,011, helped by a 7.8% rise in Microsoft Corp. The S&P 500 gained 6.5 points, or 0.4%, to 1,663.5. The Nasdaq Composite rose 19.09 points, or 0.5%, to 3,657.79. The Dow lost less than 1% for the week, its third week of losses, for the longest weekly losing streak of the year. The S&P 500 was up 0.5% for the week, its first up week in three. The Nasdaq Composite gained 1.5% for the week. http://www.marketwatch.com/story/us-stocks-end-up-nasdaq-gains-15-for-week-2013-08-23