Wall St. ends up sharply on German stimulus optimism

NEW YORK (Reuters) - U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to equities, but major indexes still ended the week with losses. Based on the latest available data, the Dow Jones Industrial Average rose 307.69 points, or 1.2%, to 25,887.08, the S&P 500 gained 41.23 points, or 1.45%, to 2,888.83 and the Nasdaq Composite added 129.38 points, or 1.67%, to 7,895.99.

Reuters August 17, 2019 02:05:07 IST
Wall St. ends up sharply on German stimulus optimism

Wall St ends up sharply on German stimulus optimism

NEW YORK (Reuters) - U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to equities, but major indexes still ended the week with losses.

Based on the latest available data, the Dow Jones Industrial Average <.DJI> rose 307.69 points, or 1.2%, to 25,887.08, the S&P 500 <.SPX> gained 41.23 points, or 1.45%, to 2,888.83 and the Nasdaq Composite <.IXIC> added 129.38 points, or 1.67%, to 7,895.99.

(Reporting by Stephen Culp; editing by Jonathan Oatis)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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