Stocks rose on Wall Street after the opening bell on Friday, lifted by remarks from China’s premier that the Chinese government was ready to take steps to support its economy.
The Dow Jones industrial average rose 0.27 percent and the Standard & Poor’s 500-stock index was up 0.35 percent. The Nasdaq composite added 0.34 percent.
Despite the early rise, major indexes were on track for a negative week, with the Nasdaq set for its biggest weekly decline since 2012 as investors took profit in high-growth names. Trading has been volatile throughout the week, with sentiment largely driven by geopolitical uncertainty. The Standard & Poor’s 500-stock index turned nearly flat for the year on Thursday.
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Reuters via CHINA US Focus http://ift.tt/1o87wYh
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