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 percent Friday, marking its fifth straight week of gains. The Dow Jones Industrial Average rose 294 points and the Nasdaq composite added 0.6 percent.
In company news, Ulta Beauty soared 10.8 percent 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 percent, to 4,594.63.
The Dow Jones Industrial Average rose 294.61 points, or 0.8 percent, to 36,245.50.
The Nasdaq composite rose 78.81 points, or 0.6 percent, to 14,305.03.
The Russell 2000 index of smaller companies rose 53.62 points, or 3 percent to 1,862.64.
For the week:
The S&P 500 is up 35.29 points, or 0.8 percent.
The Dow is up 855.35 points, or 2.4 percent.
The Nasdaq is up 54.18 points, or 0.4 percent.
The Russell 2000 is up 55.14 points, or 3.1 percent.
For the year:
The S&P 500 is up 755.13 points, or 19.7 percent.
The Dow is up 3,098.25 points, or 9.3 percent.
The Nasdaq is up 3,838.55 points, or 36.7 percent.
The Russell 2000 is up 101.40 points, or 5.8 percent.
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