US STOCKS-Wall St jumps to 8-week high, led by financials, healthcare

jueves 15 de octubre de 2015 16:46 GYT
 

* U.S. CPI falls in Sept; weekly jobless claims down

* Citi rallies after results

* S&P highest since Aug. 20

* Indexes up: Dow 1.3 pct, S&P 1.5 pct, Nasdaq 1.8 pct (Updates to close)

By Caroline Valetkevitch

Oct 15 (Reuters) - U.S. stocks rallied on Thursday after two days of losses, led by sharp gains in biotechnology shares and a rebound in financials following upbeat results from Citigroup.

Equities added to gains late in the session, and eight of the S&P 500 sectors registered gains of more than 1 percent. More than four stocks rose for every one that fell on both the New York Stock Exchange and the Nasdaq.

The S&P 500 health care index jumped 2.2 percent despite a disappointing forecast from HCA Holdings, which fell 5 percent to $72.21. The Nasdaq Biotech Index jumped 4.4 percent, rallying sharply before the close.

""There's a lot of cash on sidelines, and we did break through to a new high since the August decline," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York. "Volume picked up as well, which is a strong indicator."   Continuación...