Wall Street completes week-long winning streak

September 17, 2011 08:09 am | Updated 08:09 am IST - New York

Traders work on the floor of the New York Stock Exchange. File photo

Traders work on the floor of the New York Stock Exchange. File photo

Major U.S. stock indices closed higher Friday for a fifth straight session.

Wall Street stocks closed higher every day this week.

Friday’s trading came as euro zone finance ministers agreed with U.S. Treasury Secretary Timothy Geithner to pursue “a strong and international response” to the financial crises plaguing both sides of the Atlantic.

On Wall Street, the blue-chip Dow Jones Industrial Average rose 75.91 points, or 0.66 per cent, to 11,509.09. The broader Standard & Poor’s 500 Index gained 6.9 points, or 0.57 per cent, to 1,216.01.

The technology-heavy Nasdaq Composite Index added 15.24 points, or 0.58 per cent, to 2,622.31.

The U.S. currency halted its slide this week against the euro, rising to 72.53 euro cents from 72.06 euro cents on Thursday. The dollar edged up against the Japanese currency to 76.81 yen from 76.7 yen.

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