Stocks rallied on earnings and GE dividend hike
Stocks rallied, with the S&P closing above 1,100 for the week on the back of strong earnings and a dividend hike from GE. GE raised its quarterly dividend by 20% and the share rose 3.3% in heavy trading.
DJIA +102.32pts (0.99%) at 10424.62
S&P +8.99pts (0.82%) at 1102.66
Nasdaq +23.58pts (1.05%) at 2269.47