U.S. stocks end with weekly gains to 12,949.87

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U.S. stocks end with weekly gains to 12,949.87
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- U.S. stocks on Friday closed with weekly gains, with investors hesitant ahead of the long holiday weekend that's expected to include some resolution on another round of financial aid to Greece. "The market is hanging in the balance of what goes on in Greece. We want to see that Greece will get its payment," said Nick Raich, director of research at Key Private Bank in Cleveland. The Dow Jones Industrial Average rose 45.79 points, or 0.4%, to 12,949.87, its highest close since May 19, 2008. The blue chips gained 1.2% on the week. The S&P 500 Index added 3.19 points, or 0.2%, to 1,361.23, a weekly rise of 1.4%. The Nasdaq Composite fell 8.07 points, or 0.3%, to 2,951.78, leaving it 1.7% ahead of last Friday's close.