Saturday, March 16, 2013

Dow extends streak to 10, its longest since 1996

Trader Gordon Charlop, right, works on the floor of the New York Stock Exchange Tuesday, Feb. 26, 2013. Strong earnings reports from Home Depot and Macy's helped lift stock indexes in early trading on Wall Street Tuesday. A jump in home sales and consumer confidence also brought buyers back to the market. (AP Photo/Richard Drew)

Trader Gordon Charlop, right, works on the floor of the New York Stock Exchange Tuesday, Feb. 26, 2013. Strong earnings reports from Home Depot and Macy's helped lift stock indexes in early trading on Wall Street Tuesday. A jump in home sales and consumer confidence also brought buyers back to the market. (AP Photo/Richard Drew)

(AP) ? The Dow Jones industrial average has reached another milestone, recording its longest winning streak since 1996.

The index rose for the tenth day in a row Thursday, gaining 83 points to close at 14,539, an increase of 0.6 percent.

It broke through its previous all-time high March 5th and has kept going. The Dow has had only three longer winning streaks in its history.

The Standard & Poor's 500 index closed less than two points below its own record high, gaining eight points to close at 1,563, a gain of 0.6 percent.

The Nasdaq composite rose 13 points, or 0.4 percent, to 3,258.

Two stocks fell for every one that rose on the New York Stock Exchange. Volume was lighter than average at 3.4 billion shares.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-03-14-Wall%20Street-Close/id-7c5db7fa884146a59b1b43ed2f1bf957

secret service fenway park philadelphia flyers 4/20 student loan forgiveness ufc 145 weigh ins record store day 2012

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.