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US Stocks Stage End of Week Rally VOA News 1 Mar 2002 15:15 UTC 
U.S. stocks closed sharply higher Friday, following news the manufacturing sector has begun to recover and that consumers are still spending.
The Dow Jones Industrial Average was up 263 points (2.6 percent) at 10,369, while the broad market indicator - the S&P-500 - was up 25 points (more than 2 percent) at 1,132. The technology-rich Nasdaq Composite Index closed 71 points (a little more than 4 percent) higher at 1,803.
In London, the Financial Times Index ended the day up 68 points (more than 1 percent) at 5,169, while in Paris, the CAC-40 Index was up 23 points at 4,486. The DAX Index in Frankfurt was 58 points (1.2 percent) higher at 5,097.
Earlier in Tokyo, the Nikkei Index rose 224 points (more than two percent) to close at 10,812, but in Hong Kong, the Hang Seng Index lost 57 points to end the day at 10,425.
The price of gold closed in London at $295.90 an ounce - down 90 cents. New York gold closed at $298 dollars - up $1.30 from late Thursday.
The U.S. dollar was mixed against other major currencies.
Some information for this report provided by Bloomberg.
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