Dow, S&P, Nasdaq wrap winning week as oil hits 7-year high

  • Dow, S&P, Nasdaq wrap winning week as oil hits 7-year high

    U.S. stocks posted gains with the Dow Jones Industrial Average jumping 382 points on Friday or 1.09% helping all three of the broader averages post a weekly win. Strong bank earnings, combined with rising energy prices drove the gains. In commodities, oil closed at a 7-year high rising 3.7% for the week to $82.28 per barrel.

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