US STOCKS-Dow ends best 6 weeks since 1938 on economic hopes
* Market rises on consumer survey, profit optimism
* Citi, GE post better-than-expected results
* Dow up 0.1 pct; S&P 500 up 0.5 pct; Nasdaq up 0.2 pct
* For up-to-the-minute market news click [STXNEWS/US] (Updates lead with Dow's performance, adds volume in last two paragraphs)
By Ellis Mnyandu
NEW YORK, April 17 (Reuters) - U.S. stocks rose on Friday, with the Dow scoring its biggest six-week gain since July 1938, helped by a reassuring report on the mood of consumers and stabilization in General Electric (GE.N: Quote, Profile, Research) and Citigroup's (C.N: Quote, Profile, Research) quarterly results.
The Dow is up 22.7 percent over the past six weeks, making this the largest six-week gain since July 29, 1938.
Friday's close also marked the S&P 500's longest weekly winning streak since 2007.
The Reuters/University of Michigan survey showed that U.S. consumers have more confidence in the economy than they have had since the sudden collapse of Lehman Brothers in September, the latest in a spate of data suggesting the economic slump may be easing. For more details, see [ID:nN17323537] Continued...
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