Friday, May 31, 2013

Wall St extends gains, Nasdaq touches 1 percent

NEW YORK (Reuters) - Stocks extended gains, with the Nasdaq briefly gaining 1 percent and the S&P near session highs as weaker-than-expected economic data kept afloat the belief stimulus measures by central banks will likely continue.

The Dow Jones industrial average <.dji> gained 78.23 points, or 0.51 percent, to 15,381.03. The Standard & Poor's 500 Index <.spx> rose 10.91 points, or 0.66 percent, to 1,659.27. The Nasdaq Composite Index <.ixic> climbed 32.14 points, or 0.93 percent, to 3,499.66.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

Source: http://news.yahoo.com/futures-flat-selloff-ahead-data-111021496.html

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