Wall Street gains, as JPMorgan surges after earnings

NEW YORK: U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would curb Wall Street's big rally back from last year's slump.

An 11.5per cent jump in Walt Disney Co shares also gave big boosts to the Dow Jones Industrial Average and the S&P 500.The Dow Jones Industrial Average rose 269.22 points, or 1.03per cent, to 26,412.27, the S&P 500 gained 19.12 points, or 0.66per cent, to 2,907.44 and the Nasdaq Composite added 36.81 points, or 0.46per cent, to 7,984.16.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street ekes out slight gains at open, earnings awaitedU.S. stocks opened marginally higher on Thursday, as investors assessed warnings from major central banks about a global slowdown and looked ahead ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Wall Street flat as growth worries persist; banks gain ahead of earningsU.S. stocks opened marginally higher on Thursday, as investors assessed warnings from major central banks about a global slowdown and looked ahead ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Wall Street dips ahead of big bank earningsU.S. stocks opened marginally higher on Thursday, as investors assessed warnings from major central banks about a global slowdown and looked ahead ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »