Wall Street extends gains, Nasdaq near 12-year high

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February 9, 2013 6:14 AM EST

Stocks extended gains on Friday, with the Nasdaq rising 1 percent, putting it within close reach of a 12-year high.

The Dow Jones industrial average <.DJI> gained 47.66 points, or 0.34 percent, to 13,991.71. The Standard & Poor's 500 Index <.SPX> rose 7.47 points, or 0.49 percent, to 1,516.86. The Nasdaq Composite Index <.IXIC> was up 30.23 points, or 0.96 percent, at 3,195.37.

If the Nasdaq rises above 3,196.93, it would be the highest level since November 2000.

(Reporting by Leah Schnurr; Editing by Bernadette Baum)

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Copyright 2012 Thomson Reuters. All rights reserved.

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