Wall Street extends gains on EU optimism

21/10/2011 - 17:03

NEW YORK (Reuters) - Stocks rose on Friday to levels unseen since early August on the eve a European Union debt-crisis summit that could go some way to remove a major overhang for markets.

The Dow Jones industrial average was up 200.87 points, or 1.74 percent, at 11,742.65. The Standard & Poor's 500 Index was up 19.80 points, or 1.63 percent, at 1,235.19. The Nasdaq Composite Index was up 38.79 points, or 1.49 percent, at 2,637.41.

(Reporting by Angela Moon, Editing by Kenneth Barry)