Stocks End at Records on Central Bank Action

U.S. stocks rose modestly on Friday, recording fifth-straight week of gains, after China’s central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region’s economy. The Dow Jones Industrial Average jumped 91.06 points, or 0.51%, to 17,810.06. The S&P 500 was up 10.75 points, or 0.52%, to 2,063.50. The Nasdaq Composite was up 11.10 points, or 0.24%, to 4,712.97.

The European Parliament is preparing to call on regulators to consider splitting Internet search from other commercial services, according to a draft motion seen by Reuters, escalating a longstanding effort to curtail Google Inc’s dominance of the industry.

The Federal Reserve will issue in the first quarter of next year a formal notice of rules it has been reviewing for financial holding companies and their activities in the physical commodities markets, a top official with the U.S.

At least four-in-ten unauthorized immigrants in eight states will be eligible to benefit from the executive order issued Thursday by President Obama, according to a new Pew Research Center analysis.