Wall Street rallies, snapping five-day drop

Reuters

Published Feb 12, 2016 04:09PM ET

Wall Street rallies, snapping five-day drop

NEW YORK (Reuters) - U.S. stocks rallied on Friday, snapping a five-day drop in the S&P 500 as financial, commodity-related and other beaten-down shares rebounded.

The Dow Jones industrial average (DJI) was up 313.45 points, or 2 percent, to 15,973.63, the S&P 500 (SPX) had gained 35.52 points, or 1.94 percent, to 1,864.6 and the Nasdaq Composite (IXIC) had added 70.68 points, or 1.66 percent, to 4,337.51.