18 May 2001, 09:03  US stocks end higher, extending recent gains; Hewlett-Packard soars

New York, May 17 (BridgeNews) - U.S. stocks saw some impressive follow-through buying as investors continued to cheer the Federal Reserve's aggressive interest rate cuts. A 15% jump in shares of Hewlett-Packard (HWP) also gave the market a lift, sending the Dow industrials to a fresh eight-month high. The Nasdaq closed up 27.24, or 1.26%, to 2193.64. The Dow was up 32.66, or 0.29%, to 11,248.58 and the S&P 500 was up 3.50, or 0.27%, to 1288.49.

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