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Wall Street Makes It Four

Carl Gutierrez Forbes 03/13/2009 21:58
Wall Street Makes It Four - Wall Street


Dow industrials end the week with a 4th consecutive advance thanks to banks.



It came down to the wire, but the Dow Jones industrial average ended Friday with its first four-day rally since November, thanks in large part to positive news emanating from leading U.S. banks.

The Dow rose 0.8%, or 53.92 points, to 7,223.98, while the Nasdaq composite index increased 0.4%, or 5.40 points, to 1,431.50, and the S&P 500 index rose 0.8%, or 5.81 points, to 756.55. Over the past week, the Dow gained 9.0%, while the Nasdaq rose 10.6% and the S&P 500, 10.7%.


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