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Stocks close higher with help from tech but still down for week

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Stocks marched solidly higher again Friday, though the major indexes still ended with their worst weekly loss since February after a sharp pullback earlier in the week.

Has any era given birth to more dubious investment mechanisms than today?

The S&P 500 gained 61.35 points to 4,173.85. The Dow rose 360.68 points, or 1.1%, to 34,382.13. The Nasdaq, on which the losses this week have been steepest, added 304.99 points, or 2.3%, to 13,429.98.

 

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