Tech-heavy Nasdaq Composite on track to score its biggest weekly gain since March

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U.S. stocks are on track to book weekly gains, with all three major benchmarks rising amid investor enthusiasm over Thursday’s softer-than-anticipated inflation report. The Dow Jones Industrial Average DJIA, +0.10% is heading for a 4% gain this week, while the S&P 500 SPX, +0.92% is on pace for a 5.8% rise and the technology-heavy Nasdaq Composite COMP, +1.88% was poised to advance 7.8%, according to FactSet data, at last check. The Nasdaq was on track to score its best week since March, while the S&P 500 was heading for its biggest weekly percentage gain since June, according to Dow Jones Market Data.

This article was originally published by Marketwatch.com. Read the original article here.

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