Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
Boosted by retreating oil prices and strong economic data, U.S. stocks closed Friday up on the week. The Dow Jones industrial average ended 69 points higher at 10,539, and the Nasdaq hit a nine-month high, finishing at 2,085. The S&P 500 achieved a three-year high, closing at 1,184.17. The markets were helped by comments from the Federal Reserve, which raised interest rates by a quarter-point on Wednesday, and from the Department of Commerce, which said retail sales showed better-than-expected results in October.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in