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U.S. stocks rose this week, with the Standard & Poor’s 500 Index posting its first back-to-back gains since June, as earnings from International Business Machines Corp. to Baker Hughes Inc. beat estimates and Federal Reserve Chairman Ben S. Bernanke said he’s prepared to add stimulus.
The Dow Jones industrial average gained 34.66 points, or 0.27 percent, to 12,943.36 on Thursday. The Standard & Poor’s 500 Index rose 3.73 points, or 0.27 percent, to 1,376.51. The Nasdaq Composite Index added 23.30 points, or 0.79 percent, to 2,965.90.