Wall Street stocks finished sharply higher Friday, closing out a second week of gains as US officials moved forward with plans to gradually reopen the economy.

At the closing bell, the Dow Jones Industrial Average stood at 24,242.49, up 3.0 percent.

The broad-based S&P 500 gained 2.7 percent to 2,874.56, while the tech-rich Nasdaq Composite Index advanced 1.4 percent to 8,650.14.