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Stocks close slightly higher, extending weekly advance

U.S. shares closed relatively upper on Friday, with major indexes extending a recent rally and the Dow reclaiming the 25,000 mark for the primary time in nearly a month. The Dow Jones Industrial Average DJIA, +Zero.38% rose Zero.Four%. The S&P 500 SPX, +Zero.11% added Zero.1%. The Nasdaq Composite Index COMP, +Zero.03% rose lower than Zero.1%, but that was sufficient to give it its second instantly report close. All three posted their 6th upward push of the previous seven classes. For the week, the S&P rose 1.5%, the Nasdaq added 1.8% and the Dow complex 2.three% in its biggest weekly percentage acquire since early June. All three posted their second instantly weekly climb. Among essentially the most actively traded shares have been financials, which fell following a trio of major financial institution income. JPMorgan Chase & Co. JPM, -Zero.46% fell Zero.5% in spite of topping analyst expectancies, while Citigroup Inc. C, -2.20% was down 2.three% and Wells Fargo & Co. WFC, -1.20% lost 1.2%. Separately, Cisco Systems Inc. CSCO, -Four.13% sank Four.1% following a file that Inc. AMZN, +Zero.91% was making an allowance for selling its own network switches with built-in connections to its Amazon Web Services cloud-computing offerings. AT&T Inc. T, -1.74% fell 1.8% a day after the Justice Department filed an attraction of a ruling allowing the telecoms major to acquire Time Warner Inc.