How major USA stock indexes fared on Thursday

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The earnings helped investors looked beyond data that showed USA economic growth unexpectedly slowed in the fourth quarter, due to a surge in imports.

The S&P healthcare index .SPXHC was the biggest gainer among the 11 major S&P sectors, up 1.3 percent, led by gains in AbbVie, Pfizer and Gilead.

The Dow is up 1,673.57 points, or 6.8 percent.

Intel's shares surged as high as $50.15, their highest level since October 2000, and closed up 10.55 per cent at $50.08 after results indicated that the chipmaker's shift to higher-margin data-center business was working.

Shares of drugmaker AbbVie Inc also climbed 10 per cent after the company significantly boosted its 2018 earnings forecast and said it hopes to accelerate dividend growth and share buybacks. The Nasdaq composite rose 27 points, or 0.4 percent, to 7,442.

Fourth-quarter earnings growth for the S&P 500 is now estimated at 13.2 per cent, according to Thomson Reuters data, up from 12 percent at the start of the year. Fourth-quarter gross domestic product increased at a 2.6 percent annual rate, a report showed.

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S. growth data. official in support of a weak dollar and following Friday's U. S.

U.S. Treasury Secretary Steven Mnuchin's endorsement of a weak dollar earlier in the week had triggered a slide in the currency. S. crude rose 0.89 percent to $66.09 per barrel and Brent was last at $70.47, up 0.07 percent on the day.

"Armenpress" reports the value of Dow Jones up by 0.54% to 26392.79 points, S&P 500 up by 0.06% to 2839.25 points, Nasdaq down by 0.05% to 7411.16 points.

The company's stock rose four percent in pre-market trading before losing 0.41 percent in late trading.

U.S. Treasury prices ended mostly higher, with the benchmark 10-year yield sliding 3 bps to 2.62% and the two-year yield finishing flat at 2.08%.

Starbucks dropped 4.23 per cent after it warned 2018 global cafe sales growth would be at the low end of its forecast. The Nasdaq composite rose 41 points, or 0.6 percent, to 7,457.

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