Stocks close little changed, but Dow posts biggest weekly gain since April

(CNBC) Stocks closed little changed on Friday as investors capped a strong week of gains amid optimism around a potential coronavirus vaccine and the U.S. reopening its economy.

The S&P 500 rose 0.2% to 2,955.45 while the Dow Jones Industrial Average slipped 8.96 points, or less than 0.1%, to 24,465.16. The Nasdaq Composite outperformed, rising 0.4% to 9,324.59.

For the week, Dow gained 3.3% to post its best weekly performance since April 9. The S&P 500 and Nasdaq also rose more than 3% this week. The Russell 2000, which tracks small-cap stocks, trounced the large-cap indexes this week with a more than 7% jump.

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