Stocks finished higher Friday, recovering from the previous day's sharp losses and with the Dow reclaiming its footing above 15000 mark, despite Washington's ongoing budget stalemate.
(Read more: A tweet underscores why Washington is stuck)
"Those looking for another selloff to at least test yesterday's lows were left at the altar," wrote Elliot Spar, market strategist at Stifel NIcolaus. "Bottom-line: This Washington mess will pass; yes, it will have a negative impact on the economy and data releases over the near term but this is temporary. The market is able to look over the valley...No, I am not saying throw money at the market. You still have to be very selective while still using market rallies to hedge your weak technical holdings."
Still, the Dow and S&P finished in the red for the week. The Nasdaq, meanwhile, closed in positive territory for the fifth-consecutive week.