US stocks end higher for the week after Fed rally



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Dow Jones Industrial Average

Last Updated at 19 Dec 2014, 16:01 ET *Chart shows local time Dow Jones intraday chart
value change %
17804.80 +
+26.65
+
+0.15
value change %

Nasdaq Index

4765.38 +
+16.98
+
+0.36

S&P 500 Cash Index - Chicago Mercantile Exchange

2070.65 +
+9.42
+
+0.46

(Close): US shares closed higher on Friday, carrying on a rally that started on Wednesday after the US Federal Reserve indicated it could be "patient" about raising interest rates.

The Dow Jones gained 26.65 points to close at 17,804.80, while the S&P 500 added 9.42 to finish at 2,070.65.

The tech-heavy Nasdaq rose 16.98 points to end at 4,765.38.

The biggest Dow faller was Nike, where shares were knocked back 2.31% on fears the stronger dollar would hurt orders.

Troubled smartphone maker Blackberry saw its shares plunge as much as 6% after it reported less-than-expected third quarter revenue, but they later recovered to close down just 1%.

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