Stocks ended the week mostly higher as strong economic data, soothing comments from Federal Reserve Chief Ben Bernanke and continued M&A action kept buyers in the market.
The Dow Jones Industrial Average closed the week with gains of 1.7% while the S&P 500 rose 1.1%. Both indexes closed higher for the seventh straight week. Not so for the Nasdaq Composite, however, which ended the week with a modest loss of 0.2%. The tech-focused index has declined two straight weeks.