CORRECTED-US STOCKS-Wall St ends up sharply as investors buy beaten-down shares

viernes 1 de mayo de 2015 18:03 GYT

(Corrects paragraph 13 to say vehicle sales for Ford and GM stronger than expected)

* Gilead leads as biotechs end 5-day losing streak

* Railcar makers gain on new tough oil-train safety rules

* Social media stocks underperformers for week

* Indexes up: Dow 1 pct, S&P 1.1 pct, Nasdaq 1.3 pct

By Caroline Valetkevitch

May 1 (Reuters) - U.S. stocks bounced back sharply on Friday as investors snapped up beaten-down shares in the healthcare and technology sectors, and as data gave further signs of a pickup in the economy.

Apple provided the biggest boost to the major indexes, jumping 3 percent to $128.95 in its biggest daily percentage gain since January. The stock lost 2.7 percent on Thursday.

The Nasdaq snapped a four-day losing streak while the S&P tech sector gained 1.5 percent, among the day's best-performing sectors.   Continuación...