Duracell spin-off boosts Wall Street



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Dow Jones Industrial Average

Last Updated at 24 Oct 2014, 16:26 ET *Chart shows local time Dow Jones intraday chart
value change %
16805.41 +
+127.51
+
+0.76

Top winner and loser

Microsoft Corp.

46.13 +
+1.11
+
+2.47

Visa Inc.

213.48 -
-0.80
-
-0.37
value change %

Nasdaq Index

4483.71 +
+30.92
+
+0.69

S&P 500 Cash Index - Chicago Mercantile Exchange

1964.58 +
+13.76
+
+0.71

(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.

Pfizer and Goldman Sachs were also among the Dow's top gainers, both rising about 1.8%.

On the downside, only three companies lost ground - Visa, down 0.4%, Chevron, losing 0.2%, and IBM, 0.1% lower.

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