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May 14, 2021, 4:04 p.m. EDT

Dow ends 360 points higher as stocks trim weekly decline

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By William Watts

Stocks ended with strong gains Friday, building on the previous session's bounce as major benchmarks trimmed weekly losses. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.27% rose around 361 points, or 1.1%, to end near 34,382, according to preliminary figures. The S&P 500 /zigman2/quotes/210599714/realtime SPX -0.20% finished around 61 points higher, up 1.5%, near 4,174, while the Nasdaq Composite /zigman2/quotes/210598365/realtime COMP -0.71% rallied around 305 points, or 2.3%, to close near 13,430. Friday's gains were broad based, with tech-related shares rising alongside stocks tied more closely to the economic reopening. Equities slumped earlier in the week and tumbled hard on Wednesday after data showed a hotter-than-expected rise in the April consumer price index. The bounce left the Dow with a weekly loss of 1.1%, while the S&P 500 stumbled 1.4% and the Nasdaq declined 2.3%.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,299.33
-94.42 -0.27%
Volume: 274.13M
June 15, 2021 5:14p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,246.59
-8.56 -0.20%
Volume: 1.83B
June 15, 2021 5:14p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
14,072.86
-101.29 -0.71%
Volume: 4.15M
June 15, 2021 5:16p
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