Dow closes 160 points higher, posts best week since August

By Around the Web

(CNBC) Stocks rose on Friday to end their best week in months as President Donald Trump signaled support for a bigger coronavirus aid package.

The Dow Jones Industrial Average closed 161.39 points higher, or 0.6%, at 28,586.90. The S&P 500 gained climbed 0.9% to 3,477.13. The Nasdaq Composite advanced 1.4% to close at 11,579.94.

Microsoft and Salesforce led the Dow higher, rising 2.5% and 2.2%, respectively. Consumer discretionary and tech were the best-performing S&P 500 sectors, advancing more than 1% each.

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