U.S. stocks ended the week on a high note, with the main indexes advancing more than 1% on Friday. The main benchmarks, however, still posted modest losses over the week.
The S&P closed up 23 points at 2,109. The Dow jumped 184 points to 18,024 and the Nasdaq gained 64 points to 5,005, but ended the week with a 1.7% loss, mostly due to a large selloff in biotechnology industry. European investment banks continued to lose ground to US rivals in the first quarter. Listen in for many more highlights of last week’s happenings on Wall Street.
