A Rising Tide

Stocks posted gains throughout the week as a steady flow of economic data indicated that the economy is slowing, but may just avoid a receession if the Fed continues to hold interest rates where they are. The Dow finished up 2.6 percent to close at 11,381.47, up 292 points. The Nasdaq gained 4.4 percent, closing at 2163.95, up 90.94 points. Ad stocks also benefitted. Omnicom gained 2.4 percent to close at 88.73. WPP Group increased 5.4 percent to finish at 61.61. Publicis Groupe ended at 38.91, up 3.6 percent. And Interpublic Group gained 4.4 percent to close at 8.98.