The Dow Jones industrial average and the S&P 500 climbed to session highs on Friday, with investors encouraged by a consumer survey that added to hopes that the U.S. economy may be stabilizing and fueled expectations for more upbeat first-quarter corporate results.
The Nasdaq cut earlier losses to trade near break-even as investors snapped up shares of iPod and iPhone maker Apple
Reassuring results from Citigroup
The Dow Jones industrial average <.DJI> gained 28.28 points, or 0.35 percent, to 8,153.71. The Standard & Poor's 500 Index <.SPX> gained 5.27 points, or 0.61 percent, to 870.57. But the Nasdaq Composite Index <.IXIC> dropped 2.08 points, or 0.12 percent, to 1,668.36.
(Reporting by Ellis Mnyandu; Editing by Jan Paschal)