Monday, 25 February 2013

U.S.MARKET UPDATE


U.S. stocks rose on Friday as Dow component Hewlett-Packard surged on strong results and comments from Fed officials allayed fears that the central bank would curtail its stimulus measures.

The Dow Jones industrial average gained 119.95 points, or 0.86 percent, to 14,000.57 at the close. The Standard & Poor's 500 Index rose 13.18 points, or 0.88 percent, to 1,515.60. The Nasdaq Composite Index added 30.33 points, or 0.97 percent, to end at 3,161.82.


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