April 12, 2019 / 8:06 PM / 8 days ago

US STOCKS SNAPSHOT-Wall St gains, as JPMorgan surges after earnings

NEW YORK, April 12 (Reuters) - U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would curb Wall Street’s big rally back from last year’s slump.

An 11.5% jump in Walt Disney Co shares also gave big boosts to the Dow Jones Industrial Average and the S&P 500.

The Dow Jones Industrial Average rose 269.22 points, or 1.03%, to 26,412.27, the S&P 500 gained 19.12 points, or 0.66%, to 2,907.44 and the Nasdaq Composite added 36.81 points, or 0.46%, to 7,984.16. (Reporting by Stephen Culp)

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