U.S. stocks close higher after volatile week of trading

Jan. 20 (UPI) -- U.S. stocks bounced back Friday, with gains in the tech sector bringing a strong end to a volatile week.

The Dow Jones Industrial Average gained 330.93 points, or 1%, to close at 33,375.49. The S&P 500 rose 73.76 points, or 1.89%, to 3,972.61, and the tech-heavy Nasdaq Composite climbed 288.17 points, or 2.66% to 11,140.44.

Friday's gains pushed the Nasdaq up 0.6% for the week, marking its third straight week of gains. The Dow and S&P 500 closed the week with losses of 2.7% and 0.7%. respectively, after two weeks of gains.

Netflix rose 8.46% Friday, a day after the company announced better-than-expected subscriber growth. Shares of Google parent Alphabet climbed 4.97% after the company announced plans to lay off 12,000 employees.

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