Summary Box: Yen plan pulls stocks higher

AP News
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Posted: Mar 18, 2011 5:24 PM

JAPAN AND LIBYA: Stocks ended a rough week with slight gains Friday after Libyan government forces declared a cease-fire and a group of the world's seven largest countries announced a plan to bring the yen down from historic highs.

BANKS: Financial stocks rose after JPMorgan and other large banks increased their dividends. JP Morgan said it was increasing its dividend to 25 cents a share from 5 cents.

THE INDEXES: The Dow Jones industrial average gained 83.93 points to 11,858.52.The Standard & Poor's 500 index rose 5.49 to 1,279.21. The Nasdaq composite gained 7.62 to 2,643.67.