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Markets

US stocks post modest gains

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By Abdul Ahad
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NEW YORK: US stocks rose modestly Friday, with Dow blue chips spurred by Caterpillar's earnings while the Nasdaq struggled after lackluster Microsoft results and a poor Research in Motion forecast.

The Dow Jones Industrial Average added 47.08 points (0.37 percent) at 12,810.39 in closing trade.

The broader S&P 500 index rose 2.99 points (0.22 percent) to 1,363.47, while the tech-rich Nasdaq Composite edged up 1.01 points (0.04 percent) to 2,873.54.

Copyright AFP (Agence France-Presse), 2011

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