Boosted by GE surge, U.S. stocks close the week on a high note

April 10, 2015 11:14 PM

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Investing.com -- Stocks on the U.S. equities market moved broadly higher on Friday, propelled by a massive restructuring plan from General Electric that could return up to $90 billion to investors.

The Dow Jones Industrial Average and the S&P 500 Composite index both gained more than 0.5% to close higher for the second consecutive week. The NASDAQ Composite index, meanwhile, continued its rally back toward 5,000 by gaining 0.43% or 21.41 to close at 4,995.98.

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