TIME Economy

S&P Has Best Week Since Last Summer

Stocks bounced back from a poor stretch and ended Easter week ahead, with the S&P recording its best week since July.

Stocks bounced back from a poor start to the month and ended the shortened week ahead, with the S&P recording its best week since July.

The S&P rose .1 percent to 1,8645 Thursday and gained 2.7 percent on the week, which ends Thursday ahead of the Good Friday holiday. The Dow Jones Industrial Average was down slightly on the day, but both the Dow and the Nasdaq were up more than 2% for the week.

Stocks were buoyed by a series of strong earnings reports this week, including from GE and Morgan Stanley.

But a couple heavyweights bucked the trend. Google and IBM both reported poorer than expected results and saw their stocks tumble, with Google down 3.7% Thursday and IBM down 3.3%.

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