With no economic reports coming out today it was unsure where stocks would go after a big day last Friday. As it urns out, however, today was a day of exubereance as the market began higher and quickly crossed the never before attained 15,000 mark. Not only did they cross the former barrier they closed 56 points above it. At the same time the S&P 500 an unmanaged group of the 500 stocks thought to most closely reflect the U.S. economy, closed at its own record high at 1,625. The Dow closed up 87 points to keep the bull rally in gear.
Glendale, CA
Jeff - This is an great news for the economy and real estate market. Thanks for the information about Doe eclipses 15,000 mark.
May 07, 2013 11:08 AM
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