Wall Street posted its first weekly gains in more than a month on Friday as Fed Chairman Ben Bernanke raised hopes for more stimulus for The economy at its September meeting.

The Dow Jones industrial average <.DJI> was up 134.64 points, or 1.21 percent, at 11,284.46, according the latest available figures. The Standard & Poor's 500 Index <.SPX> was up 17.50 points, or 1.51 percent, at 1,176.77. The Nasdaq Composite Index <.IXIC> was up 60.22 points, or 2.49 percent, at 2,479.85.

For the week, the Dow rose 4.3 percent while the S&P added 4.7 percent and the Nasdaq climbed 5.9 percent.

(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)