Wall Street posts 4th straight week of gains


FE Team | Published: January 19, 2019 11:29:26 | Updated: January 26, 2019 15:05:44


File Photo (Collected)

US stocks rose on Friday, helping Wall Street’s major indexes advance for a fourth consecutive week, as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors, reports Reuters.

The Dow Jones Industrial Average rose 342.69 points, or 1.41 per cent, to 24,712.79, the S&P 500 gained 35.33 points, or 1.34 per cent, to 2,671.29, and the Nasdaq Composite added 72.77 points, or 1.03 per cent, to 7,157.23.

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