U.S. stocks posted sharp gains Friday and the S&P 500 and Dow industrials looked on track to record modest weekly gains for a fourth straight week.
Friday’s moves saw a advances in all industries, though a rally in oil and corresponding jump in energy shares provided the impetus.
The rally comes a day after a volatile trade following the European Central Bank’s latest stimulus efforts sent U.S. and European markets sharply lower after briefly trading higher in the wake of the ECB’s quantitative-easing measures.
