U.S. stocks climbed, notching their fourth consecutive week of gains, as the fears of an economic slowdown that gripped markets in December have subsided in the new year.
Data showing a healthy labour market, as well as signals from central bankers that the Federal Reserve will be flexible with monetary policy, have offered relief to investors who were spooked late last year that the Fed's pace of interest-rate increases could jolt an economy on shaky footing.