REAL WORLD EVENT DISCUSSIONS

S&P 500 Post Longest Winning Streak Since 2004 on Profits

POSTED BY: NIKI2
UPDATED: Friday, January 25, 2013 09:42
SHORT URL:
VIEWED: 378
PAGE 1 of 1

Friday, January 25, 2013 9:42 AM

NIKI2

Gettin' old, but still a hippie at heart...


Quote:

U.S. stocks rose, giving the Standard & Poor’s 500 Index its longest winning streak since 2004, as Starbucks Corp. and Procter & Gamble Co. reported increased profit.

The S&P 500 added 0.4 percent to 1,500.87 at 1:38 p.m. in New York. The benchmark gauge has gained for eight straight days, the longest string of advances since November 2004. The Dow Jones Industrial Average added 53.38 points, or 0.4 percent, to 13,878.71 today. Trading in S&P 500 companies was in line with the 30-day average at this time of day.

The S&P 500 is poised to climb for the fourth straight week, advancing 1 percent since Jan. 18. The measure failed to close above 1,500 yesterday after surpassing that level intraday for the first time since Dec. 12, 2007.

The benchmark index has more than doubled from a 12-year low in 2009 as corporate earnings have increased for three years and the Federal Reserve expanded its bond purchases to keep interest rates low to spur growth.Much more at http://www.bloomberg.com/news/2013-01-25/u-s-stock-index-futures-gain-
as-german-confidence-climbs.html


DAMN that Obama! He sure has "destroyed" America!

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

YOUR OPTIONS

NEW POSTS TODAY

USERPOST DATE

OTHER TOPICS

DISCUSSIONS
American Hiroshima: yes to if, no to when
Fri, July 25, 2025 09:29 - 99 posts
A well regulated Militia
Fri, July 25, 2025 09:29 - 68 posts
Privilege in the United States
Fri, July 25, 2025 09:27 - 197 posts
Do you feel like the winds of change are blowing today too?
Fri, July 25, 2025 09:22 - 2638 posts
Britain Sucks...Part 2
Fri, July 25, 2025 09:21 - 13 posts
Why does nobody in America use public transport
Fri, July 25, 2025 09:15 - 26 posts
Wildfire, flash floods, Heatwaves and bushfire the uncontrolled and unpredictable fires
Fri, July 25, 2025 09:12 - 62 posts
India
Fri, July 25, 2025 09:09 - 177 posts
Who hates Israel?
Fri, July 25, 2025 09:07 - 137 posts
human actions, global climate change, global human solutions
Fri, July 25, 2025 08:57 - 1029 posts
The New Republician Guide to America
Fri, July 25, 2025 08:57 - 82 posts
All things Space
Fri, July 25, 2025 08:50 - 334 posts

FFF.NET SOCIAL