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U.S. Stock Indexes Poised For Weekly Rise

111220-nyse-2-tease
Preston Waters

U.S. stocks on Friday rose modestly, adding to weekly gains, after economic data had durable goods rising in November by the most in four months. A separate report had consumer spending rising less than forecast last month.

The Dow Jones Industrial Average DJIA +0.28%   added 13.1 points to 1,2182.75, with 20 of its 30 components rising.

The S&P 500 SPX +0.29%   added 2.2 points to 1,256.20, with telecom and utilities leading gains that included all but one of its 10 major sectors. Financials weighed,

The Nasdaq Composite COMP +0.28%   advanced 4.21 points to 2,603.66.

Advancers outpaced decliners almost 2 to 1 on the New York Stock Exchange, where 55 million shares traded as of 9:50 a.m. Eastern.

Kate Gibson | Market Watch

Preston Waters

Preston Waters

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