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Make Money Blog $, New York - U.S. stocks ended higherovernight, with Wall Street posted a weekly gain of the first five weeks.
The appreciation came after Federal Reserve Chairman BenBernanke signaled the economy does not need a quick stimulus.
"We now think the U.S. economy will increase," said Ken Tower,senior analyst at Analysys Quantitative Service, addressingBernanke's speech. Thus quoted from Yahoo.com.
The Dow Jones Industrial Average rose 134.72 points, or 1.2%to as low as 11,284.54, up 4.3% from last Friday's closing last week.
Standard & Poor's 500 Index rose 17.53 points, or 1.5%, to as low as 1176.80, a weekly increase of 4.7%. The Nasdaq composite index rose 60.22 points, or 2.5%, to 2479.85 level,and posted a weekly gain of 5.9%. [ast]
source: INILAH.COM
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The appreciation came after Federal Reserve Chairman BenBernanke signaled the economy does not need a quick stimulus.
"We now think the U.S. economy will increase," said Ken Tower,senior analyst at Analysys Quantitative Service, addressingBernanke's speech. Thus quoted from Yahoo.com.
The Dow Jones Industrial Average rose 134.72 points, or 1.2%to as low as 11,284.54, up 4.3% from last Friday's closing last week.
Standard & Poor's 500 Index rose 17.53 points, or 1.5%, to as low as 1176.80, a weekly increase of 4.7%. The Nasdaq composite index rose 60.22 points, or 2.5%, to 2479.85 level,and posted a weekly gain of 5.9%. [ast]
source: INILAH.COM
please give me comments thanks
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