Financial Times FT.com

Wall St buoyant after US GDP grows

By David Oakley in New York

Published: October 29 2009 12:43 | Last updated: October 29 2009 20:59

Wall Street rose strongly on Thursday, reversing a four-day losing run, after the US economy emerged from the worst recession for more than 70 years.

Stocks were also underpinned by better-than-expected corporate earnings, which raised hopes that the seven-month equity rally can continue.

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