U.S. STOCKS RALLY FOR FIFTH STRAIGHT WEEK ON JOBS REPORT The S&P 500 rose 0.7 percent to 1,513.17 for the week. The benchmark equity gauge is up 6.1 percent for the year. The Dow Jones Industrial Average rallied 113.81 points, or 0.8 percent, to 14,009.79. The gauge closed above 14,000 for the first time since 2007 and is 1.1 percent below the all-time record it reached in October 2007.
OIL COMPLETES LONGEST RUN OF WEEKLY GAINS SINCE 2004 Futures climbed 0.3 percent after the Labor Department said payrolls rose 157,000 in January and the Institute for Supply Management's U.S. factory index reached a nine-month high. The Dow Jones Industrial Average gained 1 percent. Brent oil's premium to crude traded in New York widened because of limits on a pipeline linking the Midwest to the Gulf Coast. West Texas Intermediate oil for March delivery rose 28 cents to settle at $97.77 a barrel on the New York Mercantile Exchange. Trading at 3:21 p.m. was 65 percent above the 100-day average for the time of day. The weekly gain of 2 percent is the eighth in a row, matching a streak that ended in August 2004. (Source: Bloomberg)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lyechin2002
be the first go to Holland.
2013-02-04 10:09