Stocks climbed to more records on Wall Street.
The S&P 500 rose 0.4% Friday, setting an all-time high for the fifth time this week. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 0.2% to its own record set the day before.
Deckers helped lead the way with a gain of 11.3%. The company behind Ugg boots and Hoka shoes reported stronger profit and revenue than analysts expected. That helped offset a sharp drop for Intel, which sank 8.5% after saying it would cut thousands of jobs as it tries to turn around its struggling fortunes.
On Friday:
The S&P 500 rose 25.29 points, or 0.4%, to 6,388.64.
The Dow Jones Industrial Average rose 208.01 points, or 0.5%, to 44,901.92.
The Nasdaq composite rose 50.36 points, or 0.2%, to 21,108.32.
The Russell 2000 index of smaller companies rose 8.94 points, or 0.4%, to 2,261.07.
For the week:
The S&P 500 is up 91.85 points, or 1.5%.
The Dow is up 559.73 points, or 1.3%.
The Nasdaq is up 212.66 points, or 1%.
The Russell 2000 is up 21.06 points, or 0.9%.
For the year:
The S&P 500 is up 507.01 points, or 8.6%.
The Dow is up 2,357.70 points, or 5.5%.
The Nasdaq is up 1,797.52 points, or 9.3%.
The Russell 2000 is up 30.91 points, or 1.4%.
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