Wall St gains overnight in thin trade
29-11-2008
US stocks rose overnight on light volume in an abbreviated session, capping the best week for the S&P 500 since at least 1980, as investors hoped government and central bank moves unveiled this week would boost the economy. For the Dow industrials, Friday's close marked five straight days of gains for the first time since November 2007. The Dow shot up 102 points, or 1.17 percent, to end at 8,829. The Standard & Poor's 500 Index advanced 8 points, or 0.96 percent, to finish at 896. The Nasdaq Composite Index added 3 points, or 0.23 percent, to close at 1,535.
