US stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded.
US oil prices settled 12.3 per cent higher, boosting energy shares 2.6 per cent. The materials sector jumped 2.9 per cent.
Investors also snapped up battered shares of financials. US-listed shares of Deutsche Bank were up 12 per cent at $17.38, while the S&P financial index rallied 4 per cent, its largest daily per centage gain since November 2011.
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US oil prices settled 12.3 per cent higher, boosting energy shares 2.6 per cent. The materials sector jumped 2.9 per cent.
Investors also snapped up battered shares of financials. US-listed shares of Deutsche Bank were up 12 per cent at $17.38, while the S&P financial index rallied 4 per cent, its largest daily per centage gain since November 2011.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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