US STOCKS SNAPSHOT-Dow climbs 1 percent on earnings, GE

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NEW YORK, July 23 | Fri Jul 23, 2010 7:11pm BST

NEW YORK, July 23 (Reuters) - U.S. stocks extended gains on Friday, with the Dow climbing more than 1 percent, after General Electric (GE.N) boosted its dividend and a host of solid earnings lifted investor optimism.

The Dow Jones industrial average .DJI gained 108.30 points, or 1.05 percent, to 10,430.60. The Standard & Poor's 500 Index .SPX gained 9.34 points, or 0.85 percent, to 1,103.01. The Nasdaq Composite Index .IXIC gained 18.91 points, or 0.84 percent, to 2,264.80. (Reporting by Chuck Mikolajczak; Editing by Jan Paschal)

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