
The Dow finished up 8.25 points, or 0.07 per cent, at 11985.44, restrained by disappointing earnings from Boeing. Leading on the upside was DuPont, up 2.6 per cent.
The Nasdaq Composite Index rose 20.25 points, or 0.74 per cent, to 2739.50, while the Standard & Poor's 500-stock index rose 5.45 points, or 0.42 per cent, to 1296.63.
The S&P 500 fell just short of the 1300 barrier, which it last held in August 2008, trading as high as 1299.74 in afternoon trading.
The traversing of 12000 by the blue-chip stock index, while temporary, was the latest reminder of the durability of the market's bull run on a day dominated by headline news from the government and the Federal Reserve, whose massive interventions helped propel markets to the current levels.
The Dow made its first pass at 12000 in 2006, as credit expansion fuelled a home-buying binge that eventually ended in the 2007-2008 housing bust. From a peak of 14198.10 in October 2007, the market tumbled to a March 2009 low of 6469.95, wiping out more than half of the index's market capitalisation. more ...
Tidak ada komentar:
Posting Komentar