NEW YORK - Wall Street stocks have pushed higher despite US air strikes in Iraq as investors ramped up buying in a market that some analysts said had been oversold. The Dow Jones Industrial Average jumped 185.66 points (1.13 per cent) to 16,553.93. The broad-based S&P 500 gained 22.02 (1.15 per cent) to 1,931.59, while the tech-rich Nasdaq Composite Index bolted 35.93 (0.83 per cent) higher to 4,370.90. Heading into Fridays trade, US stocks had been lower for the week as investors digested a worsening in tensions over Ukraine and a sharp increase in violence in Iraq that prompted the first US air strikes since 2011.
Posted on: Mon, 11 Aug 2014 00:14:17 +0000
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