Please click on images to ENLARGE
Travel the financial globe with ZLBT
The Dow toppled the 11,200 level for the first time since September 2008
What's more, the blue-chip barometer ended the week 1.7% ahead, marking its eighth straight weekly rise – a feat not accomplished since 2004.
The S&P 500 Index (SPX – 1,217.28) erased early losses, advancing 8.6 points, or 0.7%, to end at its highest price since September 2008.
For the week, the SPX powered 2.1% higher
The Nasdaq Composite (COMP – 2,530.15) shook off early earnings-related disappointment from Amazon.com, amongst others, advancing 11.1 points, or 0.4%, to end at its loftiest level since June 2008.
For the week, the NASDAQ tacked on a healthy 2%.
Commodities traders also cheered the upbeat housing data today, with crude futures finishing a see-saw session in the black. Reports that new home sales unexpectedly surged in March escalated investors' expectations for higher oil demand. By the close, crude oil for June delivery added $1.42, or 1.7%, to settle at $85.12 per barrel. For the week, the front-month contract advanced 0.5%.
No comments:
Post a Comment