U.S. stocks extend win streak to five
SAN FRANCISCO (MarketWatch) -- U.S. stocks closed higher for the fifth straight session Friday, pushing up weekly gains to more than 4%, as investors dialed down their concerns about an impending Greek debt default. It was the first weekly rise in three for the Dow average and the S&P 500. The Dow Jones Industrial Average gained 75.91 points, or 0.7%, to 11,509.09 and gained 4.7% for the week. The S&P 500 rose 6.9 points, or 0.6%, to 1,216.01 and rose 5.4% for the week. The Nasdaq Composite gained 15.24 points, or 0.6%, to 2,622.31 and rallied 6.3% for the week.