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Saturday, 19 September 2009

"
US stocks end up for the week
New York - US stocks ended up for the week on Friday, despite a slow start on Wall Street amid concerns about whether the rally would hold.




Consumer products led stocks higher, as analysts rated industry leader Procter & Gamble as a "buy." Shares of the maker of products such as household cleaners, shampoo and nappies rose 3.2 per cent.



The blue-chip Dow Jones Industrial Average rose 36.28 points, or 0.37 per cent, to 9,820.20. The broader Standard and Poor's 500 Index added 2.81 points, or 0.26 per cent, to 1,068.30. The technology- heavy Nasdaq Composite Index picked up 6.11 points, or 0.29 per cent, to 2,132.86.



The Dow rose 2.2 per cent for the week, while the S&P 500 and Nasdaq both gained 0.3 per cent.



The US currency gained slightly against the euro at 67.97 euro cents from 67.8 euro cents on Thursday. The dollar gained against the Japanese currency to 91.29 yen from

91.06. dpa "

http://www.topnews.in/us-stocks-end-week-2215763

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