Summary Box: Stocks inch higher following quake

AP News
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Posted: Mar 11, 2011 4:41 PM
Summary Box: Stocks inch higher following quake

JAPAN EARTHQUAKE: Stocks finished a down week with modest gains Friday as investors gauged the fallout from a massive earthquake that struck off the coast of Japan and triggered tsunami waves from Asia to California.

OIL DIPS: The prospect of falling oil demand from Japan sent crude oil prices down to $101 a barrel. Industrial and materials companies rose on expectations that they will benefit from Japan's rebuilding efforts.

THE INDEXES: The Dow gained 59.79 points to 12,044.40. The S&P 500 gained 9.17 to 1,304.28. The Nasdaq composite gained 14.59 to 2,715.61.