U.S. stocks achieve weekly gains

（单词翻译）

    NEW YORK, March 25 (Xinhua) -- U.S. stocks advanced on Friday, the sixth gain in the past seven sessions, as more evidences in domestic(国内的) economic recovery offset¹ uncertainties² from overseas.
    The Dow Jones industrial average（道琼斯指数） gained 50.03 points, or 0.41 percent, to 12,220.59. The Standard & Poor's 500 Index advanced 4. 14 points, or 0.32 percent, to 1,313.80, and the Nasdaq was up 6. 64 points, or 0.24 percent, to 2,743.06.
    For the week, both the blue-chip Dow and broader S&P 500 rallied about 3 percent, while the tech-heavy Nasdaq surged nearly 4 percent, breaking a two-week losing streak³ and recouping all losses since the massive earthquake struck Japan.
    Material sector⁴ led the gains in the market this week, rallying more than 4 percent as commodity prices surged across the board, while Energy sector was also among the best performers amid rising oil prices.
    Technology shares made an impressive comeback, jumping more than 4 percent this week, on strong earnings⁵ and corporate⁶ outlooks.
    Meanwhile, the Chicago Board Options Exchange Volatility⁷ Index (VIX), known as the fear gauge⁸ of the stock market, fell for the seventh consecutive⁹ day, extending its retreat since March 16 to 41 percent.
    Even though some traders were still taking sidelines amid Libya' s continuous unrest, Japan's nuclear concerns and ongoing¹⁰ European debt woes¹¹, more and more investors¹² seemed to shrug¹³ off global concerns and bet on a stronger U.S. recovery.
    The Commerce Department said on Friday that the Gross Domestic Product growth in the fourth quarter was revised up to an annualized rate of 3.1 percent, up from its tally¹⁴ of 2.8 percent made in February and also slightly higher than market expectation.
    Strong corporate earnings also gave Wall Street a boost. Oracle¹⁵' s shares rose to a then-year higher after the business software company's fiscal¹⁶ third-quarter profit soared 78 percent, with strong margins¹⁷ and a surge in licensing¹⁸ revenue.
    Accenture rose nearly 5 percent, one of the biggest winners in tech stocks, after the technology outsourcing and consulting company raised its outlook.
    Moreover, Atlanta Federal Reserve Bank President Dennis Lockhart said on Friday that the U.S. economic recovery was on solid ground. Therefore, it was unlikely that the Federal Reserve will extend its bond-buying stimulus¹⁹ program.(本文由在线英语听力室整理编辑)