Dow ends over 800 points higher as stocks cap a volatile week with big gains

U.S. stocks ended sharply higher Friday, capping a volatile week that saw Big Tech shares hammered after a series of disappointing earnings reports while industrials and defensive stocks soared. The Dow Jones Industrial Average
DJIA,
+2.59%
ended with a gain of around 828 points, or 2.6%, near 32,861, according to preliminary figures, leaving the blue-chip gauge with a weekly gain of 5.7% and on track for a monthly advanced of 14.4%. That monthly rise would be the Dow’s biggest since January 1976 and the largest October rise on record if it holds up through Monday’s close. The S&P 500
SPX,
+2.46%
rose around 94 points, or 2.5%, to close near 3,901, for a weekly gain of 2.5%. And the tech-heavy Nasdaq Composite
COMP,
+2.87%
bounced higher by around 310 points, or 2.9%, finishing near 11,102, swinging to a weekly gain of 2.2%.