Friday, November 28, 2014   

Strong gains on Wall Street
(03-18 09:52)

US stocks gained sharply Monday as investors brushed aside the ongoing political turmoil in Ukraine and focused on a surge in output at US factories last month.
The Dow Jones industrial average was up by 183 points, or 1.1 percent, to 16,249 as of 2:45 p.m. Eastern time. It jumped as much as 204 points earlier. The Standard & Poor's 500 index rose 19 points, or 1.1 percent, to 1,860 and the Nasdaq composite added 43 points, or 1 percent, to 4,288.
Technology stocks were among the biggest gainers, led by Yahoo, which climbed 4.3 percent. Yahoo owns a quarter of the Chinese e-commerce website AliBaba, which announced plans to go public in the U.S.
Other tech stocks also rose including Microsoft, Google and Amazon.—AP


   
Other Business breaking news:
German labor market unfazed by economic weakness (11-27 18:52)
China Internet giants in tit-for-tat battle for users (11-27 18:28)
Coca-Cola partnership to create biggest bottler in Africa (11-27 17:45)
Eurozone loans to private sector still contracting: ECB (11-27 17:21)
Hang Seng down, Shanghai on three-year high (11-27 16:35)
European stocks mixed at open (11-27 16:22)
German chip-maker Infineon sees growth after solid Q4 (11-27 16:17)
Nikkei ends lower (11-27 14:52)
UK confirms 0.7% growth in Q3 (11-26 18:38)
EU's Juncker proposes US$380 billion investment plan (11-26 17:10)

More breaking news >>

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