U.S. stocks close higher


NEW YORK, May 8 (Xinhua) -- U.S. stocks ended higher on Friday.

The Dow Jones Industrial Average rose 12.19 points, or 0.02 percent, to 49,609.16. The S&P 500 added 61.82 points, or 0.84 percent, to 7,398.93. The Nasdaq Composite Index increased by 440.88 points, or 1.71 percent, to 26,247.08.

Six of the 11 primary S&P 500 sectors ended in the green, with technology and consumer discretionary leading the gainers by rising 2.74 percent and 0.5 percent, respectively. Meanwhile, utilities and health led the laggards by dropping 0.91 percent and 0.86 percent, respectively.

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