Saturday, 22 June 2013

Wall Street ends mostly higher in late rebound

NEW YORK (Reuters) - Stocks mostly rose in a late rebound on Friday, with the Dow and S&P 500 ending two days of heavy losses, though traders continued to fret over planned changes to the Federal Reserve's easy money policy.

The Dow Jones industrial average <.dji> was up 44.31 points, or 0.30 percent, at 14,802.63. The Standard & Poor's 500 Index <.spx> was up 4.45 points, or 0.28 percent, at 1,592.64. The Nasdaq Composite Index <.ixic> was down 7.39 points, or 0.22 percent, at 3,357.25.

For the week, the Dow fell 1.8 percent, the S&P lost 2.1 percent and the Nasdaq declined 1.9 percent.

(Reporting by Angela Moon; Editing by Kenneth Barry)

Source: http://news.yahoo.com/wall-st-plunges-p-posts-biggest-drop-since-004828050.html

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