A sharp rally in crude oil and energy shares lifted U.S. stocks on Friday, but indexes registered losses for the week.
U.S. crude oil settled more than 6 percent higher after data showed lower U.S. stockpiles, driving gains of 2 percent in the S&P energy index.
In the latest comments from Federal Reserve officials, Fed Chair Janet Yellen said late on Thursday the U.S. economy was on "a solid course," while New York Fed President William Dudley said on Friday a cautious and gradual approach to raising rates was appropriate.
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U.S. crude oil settled more than 6 percent higher after data showed lower U.S. stockpiles, driving gains of 2 percent in the S&P energy index.
In the latest comments from Federal Reserve officials, Fed Chair Janet Yellen said late on Thursday the U.S. economy was on "a solid course," while New York Fed President William Dudley said on Friday a cautious and gradual approach to raising rates was appropriate.
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