U.S. stocks rise Friday; S&P, Dow fall for week

MarketWatch (05/10) NEW YORK — U.S. stocks ended higher Friday but closed mostly lower for the week, as investors stayed sensitive to news about the government shutdown. The main indexes erased some of their gains for the session after testy comments from House Speak John Boehner, but then recovered, hit fresh intraday highs and closed just below their session peaks. The S&P 500 index closed up 11.84 points, or 0.7%, to 1,690.50. Materials and health care performed best among S&P 500 sectors, while consumer staples and utilities were laggards. For the week, the S&P 500 fell 0.1%. The Dow Jones Industrial Average finished with a gain of 76.10 points, or 0.5%, to 15,072.58 on Friday. It was the blue-chip index’s best day in more than two weeks. Walt Disney Co. DIS -0.03%   and Boeing Co. showed the largest gains among Dow components, rising 2% and 1.7%, respectively. For the week, however, the Dow fell 1.2%. This was the second straight week of losses for both the Dow and S&P 500. The Nasdaq Composite closed up 33.41 points, or 0.9%, to 3,807.75. The tech-heavy index scored a weekly gain of 0.7%, helped by Microsoft  advancing  1.8% for the week. It was the Nasdaq’s fifth straight up week, as it trades near levels last seen in September 2000.