Open

Coming up

Don't miss

Replay


LATEST SHOWS

WEB NEWS

Brazil's presidential election seen from the web

Read more

WEB NEWS

Ivory Coast launches the "Soap Bucket Challenge"

Read more

#TECH 24

Anonymous Vs ISIS

Read more

AFRICA NEWS

Ebola virus: US to send 3,000 troops to West Africa

Read more

AFRICA NEWS

Nigeria attack: Bomb blast in college in Kano

Read more

AFRICA NEWS

Ebola: Lockdown brings Sierra Leone capital to a halt

Read more

MEDIAWATCH

Sarkozy's political comeback: did he ever leave?

Read more

DEBATE

The World This Week

Read more

FRANCE IN FOCUS

Travel chaos: Air France pilots take industrial action

Read more

Business

US markets close up after volatile week

Text by News Wires

Latest update : 2011-08-12

US markets closed higher on Friday, ending one of the most volatile weeks in Wall Street's recent history. The Dow Jones industrial average finished up 1.1 percent, while the S&P 500 rose 0.5 percent and the Nasdaq 0.6 percent.

AP - The wildest week in Wall Street's history is ending on an up note.

A rebound in retail sales in July helped the stock market push higher Friday. The week has been marked by seesaw trading. The Dow Jones industrial average rose or fell by more than 400 points each of the first four days of the week as investors reacted to concerns about the global economy and Europe's debt problems.

The Dow is finishing with a gain of 125 points, or 1.1 percent, to 11,269. The S&P 500 is up 6, or 0.5 percent, to 1,279. The Nasdaq is up 15, or 0.6 percent, to 2,508.

Two shares rose for every one that fell on the New York Stock Exchange.

Volume was an above average 4.9 billion shares.
 

Date created : 2011-08-12

  • MARKETS

    Germany calls for European ban on short-selling

    Read more

  • MARKETS

    Concern over French banks sends global markets lower

    Read more

COMMENT(S)