Dow notches yet another record
NEW YORK, NY, United States (UPI) -- The Dow Jones industrial average posted its 13th record close in 18 sessions Thursday, finishing at 12,163.66. The Dow closed up 28.98 or 0.24 percent as 2.7 billion shares traded hands on the New York Stock Exchange. The Nasdaq composite rose 22.51 or 0.96 percent to 2,379.10, and the Standard & Poor`s 500 gained 6.86 or 0.5 percent to 1,389.08.
The 10-year note rose 11/32, trimming its yield to 4.72 percent. The dollar fell, hitting 118.395 yen from 119.02 as the euro rose to $1.2693 from $1.2610.
People simply aren't going to vote out a party when the economy is good. They just need to know that the economy is good. |
Posted by: Steve White 2006-10-27 |