Stocks End the Quarter Up as Lyft Debuts

Stocks closed higher Friday on Wall Street, ending the first quarter with the biggest quarterly gain in a decade, the AP reports. Lyft made its much-anticipated trading debut on the Nasdaq stock exchange, jumping 8.7% to $78.29. The ride-hailing company's stock had been priced at $72 a share. The S&P 500 index turned in its strongest performance since the third quarter of 2009. It was a big turnaround for the index, which had slumped 14% in the fourth quarter. The S&P 500 rose 18 points, or 0.7%, to 2,834. The Dow Jones Industrial Average rose 211 points, or 0.8%, to 25,928. The Nasdaq edged up 60 points, or 0.8%, to 7,792. (More stock market stories.)