US stocks are on track to conclude their best week in two months

The S&P 500 rose 1.1% in midday trading, on track for its first profitable week in the past three weeks.
Indices are heading towards a strong conclusion to their best week in two months.

Results of US stock indices

It was up 398 points, or 0.9%, as of 11 a.m. EST, while the Nasdaq Composite Index rose 1.6%.

SLP helped lead the market, after the oilfield services company achieved greater profits and revenues at the end of 2024 than analysts had expected.

New York Stock Exchange

The company’s shares rose by 7.6% after the company raised its dividends by 3.6%.
It said it was returning $2.3 billion to its investors by buying back its shares.