Wall Street closes higher, S&P 500 above 1,500
NEW YORK (Reuters) - The S&P 500 index on Friday closed above the 1,500 level for the first time in more than five years as strong U.S. earnings reports from Procter & Gamble and others helped the benchmark extend its rally to eight days.
The Dow Jones industrial average was up 70.50 points, or 0.51 percent, at 13,895.83. The Standard & Poor's 500 Index was up 8.11 points, or 0.54 percent, at 1,502.93. The Nasdaq Composite Index was up 19.33 points, or 0.62 percent, at 3,149.71.
For the week, the Dow rose 1.8 percent, the S&P climbed 1.1 percent and the Nasdaq rose 0.5 percent. It was the fourth straight week of gains for all three indexes.
(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)
- Tweet this
- Share this
- Digg this
- Eight bodies found after attack on Guinea Ebola education team
- PM Modi says al Qaeda will fail in India - CNN
- EU relief at Scotland's "no" tinged with fear of nationalism
- UPDATE 7-Scots spurn independence in historic vote, nationalist leader resigns
- CORRECTED-UPDATE 2-SAP agrees to buy expense software maker Concur for $7.3 bln
India has capped the prices of 36 drugs, including those used to treat infections and diabetes, in its latest move to make essential medicines more affordable, a senior official of the country's drug pricing authority told Reuters on Friday. Full Article
Obama to nominate Indian-American Richard Verma as India ambassador - congressional source. Full Article
Top rice exporter India importing over 100,000 T on temporary supply squeeze. Full Article