US Stocks Close Higher on Sector Gains
U.S. shares closed higher on Friday, driven by gains in key sectors.
The Dow Jones Industrial Average rose 0.49%, while the S&P 500 index gained 0.74%, and the NASDAQ Composite surged 1.19%.
Cisco Systems Inc led the pack with a 3.56% gain, followed by Caterpillar Inc at 2.31%, and Unitedhealth Group at 1.83%.
On the other hand, Nike Inc suffered a 3.64% loss, International Business Machines declined 1.32%, and Amgen Inc shed 1.06%.