U.S. stocks closed slightly higher Friday, turning in their largest weekly gains in months, as Federal Reserve Chairwoman Janet Yellen signaled a rate hike may be justified over the summer.
US stocks sold off on Friday despite stronger-than-expected retail sales data. S&P 500 and Dow industrials posted their third consecutive weekly declines.
U.S. stocks edged up on Friday, gaining for a second week in a row, but the tech-heavy Nasdaq bucked the trend as bellwether tech stocks lagged.
U.S. stocks closed out a healthy week of gains in negative territory Friday as a retreat in crude-oil prices weighed on energy shares.