How the Dow Jones industrial average and other major indexes fared on Friday

U.S. stocks closed higher Friday, the first day of May, erasing much of a loss the day before. Most Asian and European markets were closed for a holiday.

On Friday:

The Dow Jones industrial average rose 183.54 points, or 1 percent, to close at 18,024.06.

The Standard & Poor's 500 index gained 22.78 points, or 1.1 percent, to 2,108.29.

The Nasdaq increased 63.97 points, or 1.3 percent, to 5,005.39.

For the week:

The Dow fell 56.08 points, or 0.3 percent.

The Nasdaq declined 86.70 points, or 1.7 percent.

For the year:

The Dow is up 200.99 points, or 1.1 percent.

The S&P 500 index is up 49.39 points, or 2.4 percent.