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. Ad-holding company stocks were mixed. On the Big Board, Omnicom climbed 3.7 percent to end the week at 83.53, while IPG fell 3.9 percent to 12.06. WPP, trading as American Depository Receipts on the Nasdaq, rose 6.2 percent to 54.55.
Get Adweek's Brand Marketing Daily Newsletter in your Inbox
Today's highs and lows of creativity