US stocks rallied last weekend , with the Dow Jones Industrial Average erasing weekly losses , after better - than - expected results from personal - computer maker Hewlett - Packard and an upbeat report on German business confidence . The Dow climbed 119 . 95 points , or 0 . 9 percent , to end at 14 , 000 . 57 , up 0 . 1 percent for the week . The S & P 500 index rose 13 . 18 points , or 0 . 9 percent , to end at 1 , 515 . 60 , but down 0 . 3 percent for the week . The Nasdaq Composite index climbed 30 . 33 points , or 1 percent , to end at 3 , 161 . 82 , down 1 percent for the week . [ Written by Joo - young Kim / edited by Soyoung Chung ] [ ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]