Wall Stree: US stocks closed high over absorption at low

US main indices all saw obvious rise last Friday as the investors made a buying spree after consecutive plunge, dealers said.Dow Jones rose by 115.30pts last Friday to close at 9504pts. S & P 500 edged up 22.32pts to close at 1139.90pts. Nasdaq composite index gained 31.28pts to close at 1928.98pts.Dealers indicated US stocks continued to rebound following the up trend of last Thursday. Market has different ideas on whether the broad market had bottomed. Financial stocks pushed the broad market up as investors ran after banking and securities stocks.

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