The Associated Press

U.S. stocks closed higher Friday as investors were relieved by reports of easing tensions between Ukraine and Russia. The gain in the S&P 500 was the biggest since Mar. 4 and turned the index higher for the week.

On Friday:

The Dow Jones industrial average rose 185.66 points, or 1.1 percent, to 16,553.93.

The Standard & Poor’s 500 index rose 22.02 points, or 1.2 percent, to 1,931.59.

The Nasdaq composite rose 35.93 points, or 0.8 percent, to 4,370.90

For the week:

The Dow rose 60.56 points, or 0.4 percent.

The S&P 500 rose 6.44 points, or 0.3 percent.

The Nasdaq rose 18.26 points, or 0.4 percent.

For the year:

The Dow is down 22.73 points, or 0.1 percent.

The S&P 500 index is up 83.23 points, or 4.5 percent.

The Nasdaq is up 194.31 points, or 4.7 percent.

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