
U.S. stocks closed sharply up on Larry Summers' withdrawal from race to head the Federal Reserve.
Dow Jones Industrial Average rallied 118.72 points, to close at 15,494.78.
Apple shares fell 3 per cent, pushing Nasdaq down 4.34 points to 3,717.85
S&P 500 jumped 9.61 points to finish at 1,697.60.