Duracell spin-off boosts Wall Street
|London | Wall Street | Asia|
(Close): Wall Street rounded off a strong week on a high note thanks to some encouraging corporate earnings.
The Dow Jones index climbed 127.51 points, or 0.8%, to 16,805.41, while the tech-heavy Nasdaq gained 0.7% to 4,483.72.
Technology giant Microsoft led the way, rising 2.5% after posting profits that beat expectations late on Thursday.
Procter & Gamble also performed well, adding 2.3% after announcing plans to spin off its Duracell battery division.