nasdaq Stocks end higher; Nasdaq logs best weekly gain in 4 years
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Last Update: 4:07 PM ET Aug 18, 2006
NEW YORK (MarketWatch) -- U.S. stocks ended higher for a fifth straight day Friday, with the Nasdaq Composite logging its biggest weekly point gain in over four years, as tamer-than-expected inflation data lifted hopes the Federal Reserve would hold steady on interest rates. The Dow Jones Industrial Average ($INDU : Dow Jones Industrial Average
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Last: 11,381.47+46.51+0.41%
4:03pm 08/18/2006
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$INDU11,381.47, +46.51, +0.4%) rose 43 points to an unofficial close of 11,378. On the week, the benchmark index rose about 2.6% and tallied its first five-session string of gains since a run that ended on May 10. The Nasdaq Composite Index ($COMPQ : Nasdaq Composite Index
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Last: 2,163.95+6.34+0.29%
4:20pm 08/18/2006
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$COMPQ2,163.95, +6.34, +0.3%) was up 6 points at 2,163. On the week, the tech-rich index rose about 5.1%. It was also its biggest weekly point gain since the week ended May 17 when it shot up 141 points. The S&P 500 Index ($SPX : S&P 500 Index
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Last: 1,302.30+4.82+0.37%
4:20pm 08/18/2006
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$SPX1,302.30, +4.82, +0.4%) was up 5 points at 1,302.29. It posted a weekly gain of around 2.8%. For the S&P 500,the last five-session advance dates back to March 17.
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