NEW YORK, March 22 U.S. stocks rose on Friday on
optimism that a deal to bail out Cyprus could be reached and as
Nike shares rallied after stronger-than-expected results.
The Dow Jones industrial average rose 90.54 points or
0.63 percent, to close unofficially at 14,512.03. The S&P 500
gained 11.09 points or 0.72 percent, to 1,556.89 and the
Nasdaq Composite added 22.40 points or 0.70 percent, to
close unofficially at 3,245.
For the week, the Dow dipped just 0.01 percent, the S&P 500
shed 0.2 percent and the Nasdaq edged down 0.1 percent.