US shares rebound with strong gain of 1.1%
|London | Wall Street | Asia|
Close): US shares recovered strongly after the turmoil prompted by the Swiss move to end its franc-euro cap.
Forex broker FXCM, suspended after clients lost $225m from the fall out, rejoined trading after a $300m loan.
Its shares added a 68% fall to Thursday's 90% drop.
FXCM shares were at $4 a share from the quote of $12.63 on Thursday.
The company said it risked breaching some capital requirements following the Swiss action but later Leucadia National said it would lend it $300m to meet regulatory capital requirements.
After lacklustre results, Goldman Sachs dropped more than 2% but regained some of that to end with a loss of 0.71% - still the biggest loser among the Dow 30.
Home Depot was the best Dow gainer, rising 3%.
Shares in camera maker GoPro continued to slide, down more than 5% at one point, but it, too regained ground to end with a 2.2% loss.
Games maker Activision Blizzard was one of the biggest risers, adding 9% on the news that Call of Duty: Advanced Warfare was the world's best-selling console game in 2014.