Don’t miss the latest developments in business and finance.

Wall St bounces back, tech shares lead

Image
Reuters NEW YORK
Last Updated : Apr 20 2013 | 2:00 AM IST

NEW YORK (Reuters) - U.S. stocks rose on Friday as earnings from Google and other companies boosted technology shares, but it wasn't enough to prevent the S&P 500 from suffering its worst week since November.

The Dow Jones industrial average rose 10.37 points or 0.07 percent, to end unofficially at 14,547.51. The S&P 500 gained 13.64 points or 0.88 percent, to finish unofficially at 1,555.25. The Nasdaq Composite added 39.69 points or 1.25 percent, to close unofficially at 3,206.06.

For the week, the Dow and the S&P 500 each fell 2.1 percent and the Nasdaq lost 2.7 percent. It was the largest weekly percentage decline of the year for all three indexes.

(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)

Also Read

First Published: Apr 20 2013 | 1:48 AM IST

Next Story