Stocks Ended Week on a Positive Note

U.S. stocks closed slightly higher on Friday and posted their second straight weekly climb. The Dow Jones Industrial Average rose 94.52 points, or 0.38%, to 25,019.41. The S&P 500 added 3.02 points, or 0.11%, to 2,801.31. The Nasdaq Composite gained 2.06 points, or 0.03%, to 7,825.98. For the week, the Dow advanced 2.3%, the S&P rose 1.5% and  the Nasdaq added 1.8%.

Oil prices climbed on Friday, but posted sharp losses for the week, as traders weighed concerns over resurgent Libyan supply and global trade disputes against indications of tighter crude supply and shrinking spare output capacity. August West Texas Intermediate crude tacked on 68 cents, or 1%, to settle at $71.01 a barrel and lost 3.8% for the week. September Brent crude added 88 cents, or 1.2%, to $75.33 a barrel and closed out the week 2.3% lower.