NEW YORK, Nov. 13 (Xinhua) -- Wall Street rose from the previous sell-off on Friday, as retailers and an entertainment company reported better-than-estimated earnings, and the U.S. dollar weakened against the euro.
Walt Disney, the world's largest media company, added more than4 percent after saying fourth-quarter profit climbed 18 percent. Abercrombie & Fitch reported a third-quarter adjusted profit of 30cents per share.
J.C. Penney Co., the third largest U.S. department store company, raised its annual profit forecast after third-quarter results exceeded its expectations.
The greenback resumed to slump against other currencies and uplifted raw material stocks.
However, a disappointing report on consumer sentiment briefly sent stocks lower. The preliminary Reuters/University of Michigan consumer sentiment index for November came in at 66.0, down from 70.6 in October, raising concern about consumer spending.
The Dow Jones rose 73.00, or 0.72 percent, to 10,270.47. The Standard & Poor's 500 index climbed 6.24, or 0.57 percent, to 1,093.48 and the Nasdaq increased 18.86, or 0.88 percent, to 2,167.88.