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  • News Desk
  • Aug 28th, 2004
  • Comments Off on US Stocks: Friday’s unofficial close
US stocks rose on Friday after reports showed US economic growth in the second quarter matched economists' forecasts and consumer sentiment picked up above expectations in late August, but volume was feather light ahead of the upcoming Republican convention in New York City.

In corporate news, shares of Chiron Corp fell a day after the biopharmaceutical company said it is delaying shipment of its flu vaccine, Fluvirin.

The Dow Jones industrial average added 13.78 points, or 0.14 percent, to 10,187.19. The Standard & Poor's 500 Index gained 1.77 points, or 0.16 percent, to 1,106.86. The technology-laced Nasdaq Composite Index rose 8.93 points, or 0.48 percent, to 1,861.85.

Copyright Reuters, 2004


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