Encouraging earnings news from major retailers and The Walt Disney Co. drew investors back into the stock market one day after a big drop. The Dow Jones industrial average gained 73 Friday after dropping 94 on Thursday. Upbeat quarterly reports Friday from Abercrombie & Fitch Co., J.C. Penney Co. and Disney offset worries about a disappointing consumer confidence report.
The Dow rose 73.00, or 0.7 percent, to 10,270.47.
The Standard & Poor's 500 index rose 6.24, or 0.6 percent, to 1,093.48.
The Nasdaq composite index rose 18.86, or 0.9 percent, to 2,167.88.
For the week:
The Dow is up 247.05, or 2.5 percent.
The S&P is up 24.18, or 2.3 percent.
The Nasdaq is up 55.44, or 2.6 percent.
For the year:
The Dow is up 1,494.08, or 17.0 percent.
The S&P is up 190.23, or 21.1 percent.
The Nasdaq is up 590.85, or 37.5 percent.