US SHARES rose more than one per cent yesterday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong earnings eased concerns about the outlook for corporate America.
The Dow Jones industrial average rose 187.81 points, or 1.12 per cent, to 17,005.75; the S&P 500 gained 23.42 points, or 1.19 per cent, to 1,985.05; and the Nasdaq Composite added 78.36 points, or 1.75 per cent, to 4,564.29.
Amgen climbed 6.1 per cent to $157.19, among the top boosts for the S&P 500 and Nasdaq, a day after its 2015 outlook topped expectations.
But Twitter fell 9.8 per cent to $43.78 after it posted a slide in a closely watched measure of engagement.
After the bell, Facebook posted revenue growth of almost 60 per cent.