US MARKET UPDATE

US stocks ended a strong week with a broad rally on Friday as investors lauded GE's decision to divest most of its high-risk GE Capital business and repurchase up to USd 50 billion of its shares.
The Dow Jones industrial average rose 98.92 points, or 0.55 percent, to 18,057.65, the S&P 500 gained 10.88 points, or 0.52 percent, to 2,102.06 and the Nasdaq Composite added 21.41 points, or 0.43 percent, to 4,995.98.

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