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Friday, July 17, 2009

US stocks climbs led by tech shares, earnings optimism


US stocks gained on Thursday after JPMorgan`s strong results fed growing optimism about the quarterly earnings season and technology shares rose in anticipation of more good news.

The Dow Jones Industrial average gained 95.61 points, or 1.11%, to settle at 8,711.82.

The Standard & Poor`s 500 index climbed 8.06 points, or 0.86%, to end at 940.74.

The NASDAQ composite index rose 22.13 points, or 1.19%, to close at 1,885.03.