Stock market news live updates: Nasdaq jumps 2.7% as tech leads Friday stock rally


Source: ca.finance.yahoo.com ca.finance.yahoo.com

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U.S. stocks rallied on Friday, closing out the week on an upbeat note, led by strong gains in the tech sector. The S&P 500 (^GSPC) finished Friday up 1.9%, though it still closed the week down 0.7%. The Dow Jones Industrial Average (^DJI) increased 1.0% on Friday. The technology-heavy Nasdaq Composite (^IXIC) closed up 2.9%, its biggest one-day gain since the end of November. The yield on the benchmark 10-year U.S. Treasury note rose to 3.482% from 3.397% Thursday. The dollar index was little changed. The moves up Friday closed out what had been a rough week for Wall Street....