The U.S. stock market pared most of its gains Friday after an early morning rally following generally positive consumer spending data petered out by mid-afternoon.
The S&P 500 SPX +0.46% ended the day 8.58 points, or 0.5%, higher at 1,857.62, and recorded a 0.5% loss for the week. With only one trading session left this month, the benchmark index is set to finish March roughly where it started.
The Dow Jones Industrial Average DJIA +0.36% closed up 58.83 points at 16,323.06 and is 0.1% higher on the week.
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