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U.S. stocks zigzagged Friday and ended mostly up toward the weekend, after reports of a Saudi oil refinery push pushed up oil prices to rise. The three major stocks also recorded another week of gains. The Dow Jones Industrial Average
DJIA,
Advanced about 153 points, or 0.4%, and finished near 34,861 on Friday, but rose 0.3% during the week. S&P 500 Index
SPX,
Advanced 0.5% during the session, while the Nasdaq Composite Index
COMP,
Decreased by 0.2%. During the week, the S&P 500 rose 1.8% and the Nasdaq rose 2%, according to FactSet. Oil prices
CL00,
Recovered on Friday after news of missile strikes on Saudi Aramco facility when the U.S. crude index reached $ 113.90 a barrel. Investors also continued to consider the higher route for policy interest rates, with New York Federal Reserve President John Williams, said on Friday that he would support a move of half a point if justified, but noted that it was too early to make a call about the size of the future interest rate hike.
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