US STOCKS SNAPSHOT-Wall St extends gains, Nasdaq near 12-year high

NEW YORK Fri Feb 8, 2013 1:58pm EST

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NEW YORK Feb 8 (Reuters) - U.S. stocks extended gains on Friday, with the Nasdaq rising 1 percent, putting it within close reach of a 12-year high.

The Dow Jones industrial average gained 47.66 points, or 0.34 percent, to 13,991.71. The Standard & Poor's 500 Index rose 7.47 points, or 0.49 percent, to 1,516.86. The Nasdaq Composite Index was up 30.23 points, or 0.96 percent, at 3,195.37.

If the Nasdaq rises above 3,196.93, it would be the highest level since November 2000.

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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