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Closing Bell: Economic data and deals power gains
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Posted on
May 16 2008 4:16 AM
by
adeal
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The markets got some extra relief today as weekly jobless claims only rose by 6,000 to 371,000. The Philly Fed also showed that manufacturing contracted slower than expected as output fell by 0.7% in April. Below are the unofficial closing prices for major index levels:
* DJIA 12,988.91 +90.53 +0.70%
* S&P500 1,423.28 +14.62 +1.04%
* NASDAQ 2,533.73 +37.03 +1.48%
* 10 Yr Bond(%) 3.8430% -0.0950
* 52-WEEK LOWS.
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