U.S. stocks rose for the fifth week, giving the Standard & Poor’s 500 Index the longest rally since March, amid better-than-expected earnings and optimism that global central banks will take actions to stimulate growth.
The Dow Jones industrial average rose 42.76 points, or 0.32 percent, to 13,207.95 at the close. The Standard & Poor’s 500 Index added 2.97 points, or 0.21 percent, at 1,405.77. The Nasdaq Composite Index advanced 2.22 points, or 0.07 percent, to close at 3,020.86.
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