Strong results from retailers lifted the stock market to its biggest weekly gain this year. The Dow Jones industrial average rose 91 points, or 0.5%, to 17,823 Friday. The Standard & Poor's 500 index rose seven points, or 0.4%, to 2,089. The Nasdaq composite climbed 31 points, or 0.6%, to 5,104. The S&P 500 climbed 3.3% for the week.
Ross Stores led the way higher Friday, gaining 10% after reporting results that were far better than analysts were expecting. Nike jumped 6% after announcing a dividend increase, a stock buyback, and a stock split. Technology stocks also rose. Google parent company Alphabet gained 2%. Bond prices fell. The yield on the 10-year Treasury note rose to 2.26%.