US stocks surge on good earnings

A new round of strong earnings reports sent US stocks soaring for a second straight session Friday as investors shrugged off surprisingly slow growth in the nation’s gross domestic product.

US stocks surge on good earnings
Fri, 27 Jan, 2006 - 22:08

A new round of strong earnings reports sent US stocks soaring for a second straight session Friday as investors shrugged off surprisingly slow growth in the nation’s gross domestic product.

The Dow Jones industrials had a two-day gain of nearly 200 points, and the major indexes ended the week with solid gains.

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