U.S. stocks gain 2% Friday; Dow industrials up 1.4% for week

SAN FRANCISCO (MarketWatch)
U.S. stocks Friday surged for a second straight session, supporting a weekly advance for all but the Nasdaq Composite, as a retreat in Italian bond yields, a rise in a U.S. consumer sentiment survey, and Walt Disney Co. results fed investor appetite.
The Dow Jones Industrial Average rose 259.89 points, or 2.2%, to 12,153.68.
A 6% gain in Disney shares led advances for all 30 components.
The S&P 500 rose 24.16 points, or 2%, to 1,263.85.
The consumer discretionary sector led advances for all 10 subsectors.
The Nasdaq Composite  rose 53.6 points, or 2%, to 2,678.75.
For the week, the Dow gained 1.4%, the S&P 500 rose 0.9% and the Nasdaq slid 0.3%.
All are now higher for the year.