US stocks rise despite some weak data


09/02/2014 10:00 AST

US stocks recovered from an early-week swoon to close the week with net gains, picking up enough momentum mid-week to override Friday’s disappointing US jobs report.

The Dow Jones Industrial Average finished the week up 95.23 (0.61 per cent) to 15,794.08.

The broad-based S&P 500 tacked on 14.43 (0.81 per cent) to 1,797.02, while the tech-rich Nasdaq Composite Index advanced 21.98 (0.54 per cent) to 4,125.86.

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