What Happened in the Stock Market Today

Stocks rose on Friday ahead of a three-day weekend in observance of the holidays. The Dow Jones Industrial Average Exchange-traded funds tied to volatility in commodity prices were among the market’s most popular, with the leveraged VelocityShares 3x Long Crude Oil ETN Biotech Synergy Pharmaceuticals, which specializes in gastrointestinal therapies, soared 22% after it announced positive clinical test results.