US Stocks: Friday's unofficial close

15 Oct, 2005

US stocks rose on Friday, helped by falling crude prices and General Electric Co's strong profit, which rekindled hopes for improved corporate earnings.
Shares of GE, a Dow component, rose 0.6 percent to $34.24 on the New York Stock Exchange. The company, generally considered a barometer of US economy's strength, reported a 15 percent jump in third-quarter profit, matching analysts' estimates.
The Dow Jones industrial average was up 23 points, or 0.22 percent, at 10,238.85. The Standard & Poor's 500 Index was up 3.89 points, or 0.33 percent, at 1,180.67. The technology-laced Nasdaq Composite Index was up 4.14 points, or 0.20 percent, at 2,051.36.

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