Pursuits
S&P 500 Index Caps Best Week This Year While Energy Rally Ends
- Energy shares snap their longest winning streak since 2009
- S&P 500 rallies to best weekly advance since December
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U.S. stocks rose, with the Standard & Poor’s 500 Index posting its strongest weekly gain this year, as equities continued to rebound from their worst quarter since 2011.
Shares advanced Friday without the help of energy and raw-material companies, the two best-performing groups so far this month, as energy snapped its longest winning streak in six years. Apple Inc. added 2.4 percent to boost technology shares. Alcoa slumped 6.8 percent to weigh on commodity related companies.