US stocks end in positive zone on economy pace-up news

Expectations regarding fall in oil prices and US economy gaining pace pushed the US stocks this week ending in the positive zone.

Dow Jones industrial average rising this week by 1.3 percent and S&P-500 index by 1.75 percent closed at 12,638 and 1,400 points respectively. Analysts attributed this buoyancy to the recent decline in oil prices and hopes for US economy making a turnabout. In the month of May, Nasdaq surged by 4.5 percent and S&P by 1 percent, while Dow recorded decline by 1.4 percent on monthly basis.