Dow posts first weekly gain since March as stocks bounce sharply

Stocks ended sharply higher Friday, cementing a bounce that saw the Dow Jones Industrial Average end a streak of eight straight weekly declines, while the S&P 500 and Nasdaq Composite end a run of seven consecutive weekly declines. The Dow
DJIA,
+1.76%
rose around 576 points Friday, or 1.8%, to close near 33,214, according to preliminary figures. The S&P 500
SPX,
+2.47%
rose around 100 points, or 2.5%, to finish near 4,158, while the Nasdaq
COMP,
+3.33%
advanced around 390 points, or 3.3%, to close near 12,131. The Dow rose 6.2% for the week, while the S&P 500 advanced 6.6% and the Nasdaq rallied 6.8%.