Saturday, March 05, 2005
The Dow is Up!
Good news! The Dow Jones Industrial Average and the Standard & Poors 500 Index reached 3 1/2 year highs.
The Dow rose 107.52, or 0.99 percent, to 10,940.55, its best showing since closing at 10,948.38 on June 12, 2001.
Broader stock indicators also moved sharply higher. The S&P 500 was up 11.65, or 0.96 percent, at 1,222.12, the best closing level since the index finished at 1,234.45 on July 3, 2001.
The Nasdaq composite index continued to lag behind the other major indexes, but nonetheless gained 12.21, or 0.59 percent, to 2,070.61, its best close since Feb. 16.
