Wall Street added to its recent gains Friday with a broad rally that broke the market’s three-week losing streak.
The S&P 500 closed 1.5 percent higher, its third straight increase, and ended with a 3.7 percent gain for the week. That makes it the benchmark index’s best week going back to July.
Big gains for technology companies pushed the Nasdaq composite to a 2.1 percent gain, while the Dow Jones Industrial Average rose 1.2 percent. Both indexes also notched their first weekly gain in four weeks.
The latest gains punctuated a holiday-shortened week of trading on Wall Street during which the market regained some of the ground it lost after a mid-August slump that wiped away the much of the gains from a mid-summer rally….