US stocks bounce on Friday

US stocks closed higher Friday, recovering some of the steep losses incurred in the aftermath of FOMC minutes.

The Dow Jones Industrial Average climbed 65.54 points, or 0.38%, to close at 17,500.94The S&P 500 Index rose 12.28 points, or 0.6%, to finish at 2,052.32. The Nasdaq Composite Index gained 57.03 points, or 1.23%, to close at 4,769.56.

For the week, the DJIA ended 0.2% lower, for a fourth straight week of losses. Meanwhile, the S&P 500 and the Nasdaq managed to snap their losing streaks, posting 0.3% and 1.1% increases respectively.