Major U.S. stock-index rallied on Friday as steadying oil drove energy shares, putting the major stock indexes on track for their fourth straight weekly gains in more than four months. U.S. crude pared some of their gains, but were up more than 1% after the International Energy Agency said oil prices might have bottomed as output in the United States and other non-OPEC countries was beginning to fall quickly. Investors also took a positive view of European Central Bank's new stimulus package unveiled on Thursday, despite ECB President Mario Draghi signaling an end to further rate cuts.
Most of Dow stocks in positive area (27 of 30). Top looser - The Procter & Gamble Company (PG, -0,54%). Top gainer - E. I. du Pont de Nemours and Company (DD, +2,69%).
All of S&P sectors in positive area. Top looser - Basic Materials (+2,5%).
At the moment:
Dow 17101.00 +201.00 +1.19%
S&P 500 2006.50 +27.00 +1.36%
Nasdaq 100 4331.75 +56.00 +1.31%
Oil 38.66 +0.82 +2.17%
Gold 1260.00 -12.80 -1.01%
U.S. 10yr 1.98 +0.05