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Telecomunicaciones y tecnología

Wall Street gets boost from healthcare


    NEW YORK (Reuters) - U.S. stocks climbed for a third day on Thursday, rising more than 2 percent to session highs after Standard & Poor's cut General Electric's ratings by just a single notch and signaled no further downgrades loomed, while data suggested some stabilization in consumer spending.

    Stocks got a boost from comments by Bank of America's CEO Kenneth Lewis, who said he is confident his bank will pass the government's "stress test" and would not need more government capital.

    Investor sentiment was also lifted by news of a takeover in the biotechnology sector, bolstering shares of health-care companies.

    The Dow Jones industrial average rose 155.15 points, or 2.24 percent, to 7,085.55. The Standard & Poor's 500 Index gained 17.19 points, or 2.38 percent, to 738.55. The Nasdaq Composite Index climbed 28.91 points, or 2.11 percent, to 1,400.55.

    (Reporting by Leah Schnurr; Editing by Jan Paschal)