US stocks defy geopolitics to push higher
August 16, 2014 00:00:00
A flare-up in tensions in Ukraine on Friday threatened to derail the climb in US stock markets, but traders finally dismissed geopolitics to deliver another week of gains on Wall Street. Stock finished a volatile Friday session mixed, but the week's gains were solid. The S&P 500 rose 1.2 per cent to 1,955.06, the Dow Jones Industrial Average added 0.8 per cent to 16,662.91, and the Nasdaq Composite outperformed with a gain of 2.2 per cent to 4,464.93, according to AFP.
