Oil prices fell, the dollar was rising, and other factors, Wall Street Friday the three major market indexes have gained more than 2 percentage points. The Dow rose 302.89 points to 11734.32 points, or 2.65 percent for the Standard & Poor's 500 index rose 30.25 points to 1296.32 points, or 2.39 percent, the Nasdaq composite index rose 58.37 points to 2414.10 points, or 2.48 percent. The Dow yesterday because of the financial sector reported bad news and the loss of major financial institutions earnings data loss caused panic all Taicuo and nearly fell 225 points. Today, the Dow morning also by Fannie second quarter net loss of 2.3 billion U.S. dollars under the influence of earnings data was substantially decreased.
Throughout the week, the Dow rose 408.00 points, or 3.60 percent for the Standard & Poor's 500 index rose 36.01 points, or 2.86 percent, the Nasdaq composite index rose 103.14 points, or 4.46 percent.
Bond prices fell, 10-year Treasury yields from 3.93 percent yesterday to 3.94 percent. The New York Mercantile Exchange crude oil futures prices dropped 4.82 U.S. dollars a barrel to close at 115.20 U.S. dollars.
The company, Fannie Mae fell 90 cents to 9.05 U.S. dollars, or nine percent. McDonald's rose 3.81 to 65.67 U.S. dollars, or 6.2 percent, the day trading hit a record high 66.24 U.S. dollars. American Airlines UAL rose 1.52 U.S. dollars to close at 11.13 U.S. dollars, or 16 percent. Wei Sheer 5000 Dow Jones index closed up 308.92 points at 13197.13 points, or 2.40 percent, lower than the same period last year 14641.03 points.
Other foreign market trading, the Nikkei Index was up 0.33 percent; British FTSE 100 index was up 0.21 percent, Germany's DAX index rose 0.28 percent, France's CAC-40 index rose 0.77 percent.