Stocks closed broadly higher on Wall Street, breaking a three-week losing streak.
The benchmark S&P 500 index rose 1.5 percent on Friday, but is still well below where it was in mid-August. Big gains for technology companies pushed the Nasdaq composite even higher. The Dow Jones Industrial Average also climbed, as did small-company stocks.
All 11 industry sectors of the S&P 500 rose, including energy stocks, which caught a break from recent declines thanks to an upturn in oil prices.
On Friday (Sept. 9): The S&P 500 rose 61.18 points, or 1.5 percent, to 4,067.36.
The Dow Jones Industrial Average rose 377.19 points, or 1.2 percent, to 32,151.71.
The Nasdaq rose 250.18 points, or 2.1 percent, to 12,112.31.
The Russell 2000 index of smaller companies rose 35.94 points, or 1.9 percent, to 1,882.85. For the week:…