Stocks Ended Mixed Friday, Logged Weekly Gains

U.S. stocks ended mixed on Friday, but logged their weekly gains. At close, the Dow Jones Industrial Average rose 19.01 points, or 0.08%, to 25,219.38. The S&P 500 gained 1.02 points, or 0.04%, to 2,732.22. The Nasdaq Composite dropped 16.96 points, or 0.23%, to 7,239.47. For the week, the Dow and S&P 500 returned 4.3%, while the Nasdaq put in a weekly advance of 5.3%.

Oil futures rose Friday, scoring a weekly rise, as traders weighed demand expectations versus worries over rising U.S. shale oil output. West Texas Intermediate crude for March delivery rose 34 cents, or 0.6%, to close at $61.68 a barrel. April Brent crude futures rose 51 cents, or 0.8%, to settle at $64.84 a barrel.

According to the University of Michigan’s report, Consumer sentiment rose in early February to its second highest level since 2004. The sentiment index hit 99.9 in the first half of February, better than the 95.5 reading that was expected by economists.