Wall Street climbs on recovery optimism
Wed Sep 23 01:25:45 EST 2009
Tue Sep 22 15:25:45 UTC 2009
US shares have climbed to around fresh 11-month highs on economic recovery optimism and company earnings prospects ahead of a Federal Reserve policy level meeting and Group of 20 summit.
The Dow Jones Industrial Average rose 40.88 points .. or 0.42 per cent .. to 9,819.74 in opening trades .. a day after falling slightly due to profit taking.
The tech-heavy Nasdaq composite rose 10.29 points .. or 0.48 per cent .. to 2,148.33 while the broad-market Standard & Poor's 500 index added 5.96 points .. or 0.56 per cent .. to a new 11-month high of 1,070.62.
