Stocks moved sharply higher over the course of the trading day on Friday, adding to the strong gains posted on Wednesday and Thursday. With the extended rally, the tech-heavy Nasdaq reached a nearly three-month closing high, while the Dow and the S&P 500 reached their best closing levels in well over a month.
The major averages pulled back off their highs going into the close but remained firmly positive. The Dow jumped 315.50 points or 1 percent to 32,845.13, the Nasdaq shot up 228.09 points or 1.9 percent to 12,390.69 and the S&P 500 surged 57.86 points or 1.4 percent to 4,130.29.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.