Us stocks climb, european weak yen and euro fall

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Us stocks climb, european weak yen and euro fall

NEW YORK, New York -- U.S. stocks rose on Friday with all major indices racking up solid gains.

The Nasdaq Composite surged 417.79 points or 3.13 percent to 13,770, leading to a surge of 417.79 points or 3.13 percent. 57.

The Standard and Poor's 500 accelerated 105.34 points or 2.43 percent to 4,431. 85.

The Dow Jones industrials added 564.69 points or 1.65 percent to 34,725. 67.

The euro fell to 1.1145 by the New York close Friday, and the U.S. dollar remained strong. The British pound dropped to 1.3393. The Japanese yen was weak at 115.23. The Swiss franc was down to 0.9311 at the Swiss franc.

The Australian fell to an 18 month low of 0.6991. The New Zealand dollar weakened sharply to 0.6540.

The FTSE 100 in London was down 1.17 percent on overseas equity markets. The German Dax dropped 1.32 percent, while the Paris based CAC 40 was off 0.92 percent.

The NikkeiNikkei 225 in Tokyo rose by 540.35 points or 2.06 percent to 26,710. 65.

The Australian All Ordinaries rose by 151.80 points or 2.13 percent to 7,266. 30.

China's Shanghai Composite gained 32.81 points or 0.97 percent to 3,361. 44.

In Hong Kong, the Hang Seng, going against the trend, dived 256.92 points or 1.08 percent to 23,550. 08.