Saturday, June 15, 2013

Wall St. closes higher on easing Fed worries

NEW YORK (Reuters) - Stocks rallied on Thursday, rebounding after three days of losses, as stronger-than-expected retail and jobs data helped reassure investors about when the Federal Reserve would wind down its stimulus.

The Dow Jones industrial average <.dji> was up 180.85 points, or 1.21 percent, at 15,176.08. The Standard & Poor's 500 Index <.spx> was up 23.90 points, or 1.48 percent, at 1,636.42. The Nasdaq Composite Index <.ixic> was up 44.94 points, or 1.32 percent, at 3,445.36.

(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)

Source: http://news.yahoo.com/stock-futures-fall-central-bank-stimulus-woes-111756139.html

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