U.S. stocks headed higher Friday as the market bounced back from a steep loss the day before. Most Asian and European markets were closed for a holiday. KEEPING SCORE: The Dow Jones industrial average was up 157 points, or 0.9 percent, to 17,998 as of 2:27 p.m. Eastern time. The 30-company average lost 195 points the day before, AP reported. The Standard & Poor's 500 index climbed 19 points, or 0.9 percent, to 2,104, while the Nasdaq composite rose 50 points, 1 percent, to 4,990. The S&P 500 is on track for a 0.8 percent weekly loss, the Nasdaq for a 2.2 percent loss. EUROPE: The only major market open for trading was in the U.K., where the FTSE 100 finished with a gain of 0.4 percent. ASIA: Japan's Nikkei 225 rose 0.1 percent, and Australia's S&P/ASX 200 added 0.4 percent. New Zealand's benchmark rose 0.1 percent. Most markets in Asia and Europe were closed for the International Workers Day holiday. CRUDE: Benchmark U.S. crude oil sank 48 cents to close at $59.15 a barrel on the New York Mercantile Exchange. BONDS, CURRENCIES: U.S. government bonds sank, pushing the yield on the 10-year up to 2.12 percent from 2.03 percent the day before. In currency trading, the euro gained against the dollar, edging up to $1.1235 from $1.1214 the day before. METALS: In metals trading, gold dropped $7.90 to end at $1,174.50 an ounce, while silver slid 2 cents to $16.14 an ounce. Copper added 4 cents to $2.93 a pound. -- SPA 21:58 LOCAL TIME 18:58 GMT تغريد
