Strong earnings and a plea to push Microsoft's CEO aside helped push stocks higher Thursday. Signs of a sluggish economic recovery sent government bond yields to their lowest level in a year.
Microsoft Corp. rose 2 percent after well-known hedge-fund manager David Einhorn called for the tech giant's board to replace CEO Steve Ballmer.
The Dow Jones industrial average rose 8.10 points, or 0.1 percent, to close at 12,402.76.
The Standard & Poor's 500 index rose 5.22, or 0.4 percent, to 1,325.69.
The Nasdaq composite rose 21.54, or 0.8 percent, to 2,782.92.
For the week:
The Dow Jones industrial average is down 109.28 points, or 0.9 percent.
The Standard & Poor's 500 index is down 7.58, or 0.6 percent.
The Nasdaq composite is down 20.40, or 0.7 percent.
For the year to date:
The Dow is up 825.25, or 7.1 percent.
The S&P is up 68.05, or 5.4 percent.
The Nasdaq is up 130.05, or 4.9 percent.