NEW YORK May 17 U.S. stocks continued their
climb into uncharted territory on Friday, racking up the fourth
week of gains in a row as encouraging economic data prompted
investors to pick up shares of growth companies. Both the Dow
and the S&P 500 finished Friday's session at record highs.
Based on the latest available data, the Dow Jones industrial
average shot up 121.18 points, or 0.80 percent, to end
unofficially at 15,354.40. The Standard & Poor's 500 Index
rose 15.65 points, or 0.95 percent, to finish
unofficially at 1,666.12. The Nasdaq Composite Index
gained 33.72 points, or 0.97 percent, to close unofficially at
For the week, the Dow rose 1.6 percent, the S&P 500 climbed
2 percent and the Nasdaq advanced 1.8 percent.