US stocks extended their rebound from this month’s bruising selloff on Friday, giving the S&P 500 its best day in over a week, as worries about the US earnings outlook eased, but the S&P 500 still posted its fourth straight week of declines.



The Dow Jones industrial average rose 263.17 points, or 1.63 percent, to 16,380.41, the S&P 500 gained 24 points, or 1.29 percent, to 1,886.76 and the Nasdaq Composite added 41.05 points, or 0.97 percent, to 4,258.44.



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Posted in: Indian Market Tips