Thu, 12 Apr 2012 07:55:58 GMT
US shares recover on Alcoa surprise results
US stock markets closed higher on Wednesday after aluminium manufacturer Alcoa posted an unexpected profit amid declining Spanish and Italian borrowing costs. S&P 500 index gained 0.74% or 10.12 points and finished at 1,368.71 while Dow Jones Industrial Average index added 0.70% or 89.46 points and closed at 12,805.3. Nasdaq Composite climbed 0.84% or 12.24 points settling at 3,016.46.