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Here's what happened to the stock market on Friday

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Stocks teetered along the flatline for most of the day as Wall Street posted a weekly gain.

closed 0.2% higher at 9,731.18. Stocks teetered along the flatline for most of the day, but Wall Street posted a weekly gain.The major averages posted a second straight weekly gain even as the number of reported coronavirus cases jumped this week. The S&P 500 and Nasdaq rose 1.5% and 2.2%, respectively, for the week while the Dow climbed around 1%.

More than 64,000 coronavirus cases have been confirmed, with deaths totaling at least 1,380. Earnings have been a bright spot for investors this week, however, with companies such as Nvidia and Expedia posting better-than-expected results. As the reporting period winds down, investors will turn their attention to the economic data for clues on how the coronavirus is impacting the global economy.

 

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