Epic US Market Update

Stocks rose on Friday on optimism that a deal to bail out Cyprus would be reached, but ended lower for the week for just the second time this year.

The Dow Jones industrial average rose 90.54 points, or 0.63 percent, to end at 14,512.03. The Standard & Poor’s 500 Index gained 11.09 points, or 0.72 percent, to finish at 1,556.89. The Nasdaq Composite Index advanced 22.40 points, or 0.70 percent, to close at 3,245.00.