Wall Street racks up sixth weekly climb
Stocks rose on Friday, capping the longest weekly winning streak since 2007, helped by a reassuring report on the mood of consumers and stabilization in General Electric and Citigroup's quarterly results.
The Reuters/University of Michigan survey showed that U.S. consumers have more confidence in the economy than they have had since the sudden collapse of Lehman Brothers in September, the latest in a spate of data suggesting the economic slump may be easing.
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The Dow Jones industrial average <.DJI> added 5.90 points, or 0.07 percent, to end unofficially at 8,131.33. The Standard & Poor's 500 Index <.SPX> gained 4.29 points, or 0.50 percent, to 869.59. The Nasdaq Composite Index <.IXIC> added 2.63 points, or 0.16 percent, to 1,673.07.
(Reporting by Leah Schnurr; Editing by Jan Paschal)
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