S&P Market News Update

The U.S. stock market ended the week in rally mode Friday. Sparked by a surprise dose of liquidity measures launched by China’s central bank and dovish comments from European Central Bank President Mario Draghi on Friday, U.S. equities recorded their fifth-straight week of gains.

The S&P 500 SPX, +0.52%  closed 10.75 points, or 0.5% higher at 2,063.50, with broad-based gains led by materials and energy sector stocks. The benchmark index gained 1.2% over the week.