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MUMBAI: US markets ended one of their worst months on record, but signs of further thawing in credit markets lifted battered shares on Friday.

The Dow Jones industrial average gained 144.32 points, or 1.57 per cent, to 9,325.01. The Standard & Poor's 500 Index rose 14.66 points, or 1.54 per cent, to 968.75. The Nasdaq Composite Index climbed 22.43 points, or 1.32 per cent, to 1,720.95.

Friday's rally resulted in stocks clocking in a higher finish for two sessions in a row -- the first consecutive gains in over a month. For the week, the Dow gained 11.3 per cent, its best one-week percentage gain since October 1974. The S&P 500 rose 10. 5 per cent, its best weekly percentage gain since at least January 1980. The Nasdaq advanced 10.9 per cent, its best weekly percentage gain since April 2001.

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