Dow Has Its Best Close in Nearly 5 Years
Filed under: Hewlett-Packard, Alcoa, Market News
Investors, encouraged by a drop in the unemployment rate, sent the Dow Jones Industrial Average to its highest level in nearly 5 years on Friday. And though the jobs report-inspired rally did not last, the Dow still closed up 34.79 points, at 13610.15, for its best finish since December 2007.
The S&P 500, meanwhile, ended a four-day streak of positive finishes, ending slightly lower. According to Reuters, the good news about jobs “was overshadowed by concerns about the coming earnings…
Dow Has Its Best Close in Nearly 5 Years originally appeared on DailyFinance.com on 2012-10-05T17:15:00Z.
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