Saturday, 4 August 2012

U.S.MARKET UPDATE


Wall Street rallied to its highest level since early May on Friday on a stronger-than-expected jobs report and renewed hope European authorities would act to contain the euro zone debt crisis.

The Dow Jones industrial average .DJI rallied 217.29 points, or 1.69%, to 13,096.17. The S&P 500 .SPX jumped 25.99 points, or 1.90%, to 1,390.99. The Nasdaq Composite .IXIC added 58.13 points, or 2%, to 2,967.90.




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