Encouraging earnings news from major retailers and The Walt Disney Co. drew investors back into the stock market one day after a big drop. The Dow Jones industrial average gained 73 Friday after dropping 94 on Thursday. Upbeat quarterly reports Friday from Abercrombie & Fitch Co., J.C. Penney Co. and Disney offset worries about a disappointing consumer confidence report.
The Dow rose 73.00, or 0.7 percent, to 10,270.47.
The Standard & Poor's 500 index rose 6.24, or 0.6 percent, to 1,093.48.
The Nasdaq composite index rose 18.86, or 0.9 percent, to 2,167.88.
For the week:
The Dow is up 247.05, or 2.5 percent.
The S&P is up 24.18, or 2.3 percent.
The Nasdaq is up 55.44, or 2.6 percent.
For the year:
The Dow is up 1,494.08, or 17.0 percent.
The S&P is up 190.23, or 21.1 percent.
The Nasdaq is up 590.85, or 37.5 percent.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
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