U.S. stocks closed higher on Friday, with the three benchmark indexes scoring gains for the week, as European leaders agreed to closer fiscal ties and U.S. consumer confidence hit a six-month high.
“It’s an important step towards being able to right their fiscal house, and for the euro to remain the single currency,” Mark Luschini, chief investment strategist at Janney Montgomery Scott, said of the accord reached at the European Union summit.
“But it doesn’t cure the immediate issue of low or in some countries negative growth,” he added of the euro region.
Dow Jones Industrial Average
(DJI: ^DJI )
Index Value: | 12,184.26 |
Trade Time: | Dec 9 |
Change: | 186.56 (1.55%) |
Prev Close: | 11,997.70 |
Open: | 11,996.03 |
Day's Range: | 11,995.51 - 12,212.83 |
52wk Range: | 10,362.30 - 12,928.50 |
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