Stocks Scored First Weekly Gain of the Year

U.S. stocks ended sharply higher on Friday, scoring their first weekly gain of the new year, as oil futures surged and investors were encouraged by hints of potential central-bank stimulus in Europe and Japan. The Dow Jones Industrial Average rose 210.83 points, or 1.33%, to 16,093.51. The S&P 500 gained 37.91 points, or 2.03%, to 1906.90. The Nasdaq Composite was up 119.12 points, or 2.66%, to 4,591.18.

Oil futures jumped 9% on Friday to settle at their highest level in two weeks, rebounding from oversold conditions. March West Texas Intermediate crude added $2.66, or 9%, to settle at $32.19 a barrel on the New York Mercantile Exchange.

Goldman Sachs is lowering the annual compensation of its chief executive, Lloyd C. Blankfein, for the first time since 2011, bringing his annual pay to $23 million.

A Federal Aviation Agency spokesman says a United Airlines flight from San Francisco rolled all the way to the end of a runway when it landed at Chicago’s O’Hare International Airport.

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