US markets eked out gains in a
choppy session as investors digested the latest round of corporate earnings.
Among earnings, Facebook surged nearly 30 percent after the social-networking
giant posted stellar quarterly results and nearly 20 brokerages raised their
price targets on the stock. The stock traded at its best level since last May
and is about 10 percent from hitting its IPO price of USD 38.
The Dow Jones Industrial
Average rose 13.37 points, or 0.09 percent, to end at 15,555.61. The Standard
& Poor’s 500 Index added 4.31 points, or 0.26 percent, to 1,690.25.
The Nasdaq Composite Index gained 25.59 points, or 0.71 percent, to
close at 3,605.19.
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