General Electric hit profit and revenue targets, and Intel and Home Depot got stock boosts following positive analyst reports. That helped push the Dow Jones up 83.55 points, or 0.9%, to 9,119.59, and the Nasdaq up 18.04 points, or 1.1%, to 1,733.90. The smaller Nasdaq-100 index rose 26 cents, or 0.8%, to close at $31.86. The S&P 500 also got a boost, up 9.43 points, or 0.95%, to 998.13. For the week, the Dow rose 0.5%, while the S&P rose 1.3%, and the Nasdaq rose 4.2%.
The InformationWeek 100 was the oddball Friday; it fell 0.27 points, or 0.1%, to 263.41. But it was a great week for the tech-heavy index, which posted a 3.4% weekly gain.