Stocks rise for a third week in a row

Stock market rises for a third week in a row, led by small-company stocks

Associated Press
U.S stocks rise for third week in a row
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In this Wednesday, April 24, 2013, photo, Kenneth Polcari, right, works with fellow traders on the floor of the New York Stock Exchange. Japan's benchmark stock index surged Friday May 10, 2013 after the dollar hit a four-year high against the yen. Markets elsewhere gained as traders digested a positive U.S. jobs report. (AP Photo/Richard Drew)

NEW YORK (AP) -- The stock market is closing out its third straight week of gains, led by small-company stocks.

The Dow Jones industrial average rose 35 points to 15,118 points Friday, a gain of 0.2 percent. The Dow rose 1 percent for the week and 15 percent so far this year.

The Standard & Poor's 500 rose seven points to 1,633, or 0.4 percent. The Nasdaq rose 27 points to 3,436, or 0.8 percent.

Small-company stocks rose even more than the rest of the market.

The Russell 2000 rose nine points, or 0.9 percent, to 975. Its weekly gain of 2.2 percent is twice as much as the Dow and S&P 500.

Two stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 3 billion shares.

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