View Mobile Site
  • Bookmark and Share

Stocks end mixed as Dow crosses 14,000; buyout news adds to Wall Street’s momentum

Text Size: Small Large Medium
Posted: July 17, 2007 4:23 p.m.
Updated: August 1, 2007 5:00 a.m.
    NEW YORK — The Dow Jones industrial average swept past 14,000 for the first time Tuesday after a relatively tame inflation report gave investors reason to extend an extraordinary — but questionable — Wall Street rally.
    The stock market’s best-known indicator crossed 14,000 in the first half-hour of trading but failed to close above that level. The index rose as high as 14,021.95, having taken just 57 trading days to make the trip from 13,000.
    According to preliminary calculations, the Dow rose 20.57, or 0.15 percent, to 13,971.55.
    Broader stock indicators ended mixed. The Standard & Poor’s 500 index ended flat, slipping 0.12, or 0.01 percent, to 1,549.37 having set its own record highs in recent sessions. The Nasdaq composite index rose 14.96, or 0.55 percent, to 2,712.29.
    ———
    On the Net:
    New York Stock Exchange: http://www.nyse.com
    Nasdaq Stock Market: http://www.nasdaq.com

SUBSCRIBE to the Statesboro Herald print edition or online e-Edition and get EXCLUSIVE news and information online with complete access to all complete stories on statesboroherald.com. Now you'll have Soundoff, Local Birth Announcements and columnists like Jan Moore, Larry Sheehy, Kathy Bradley, John Bressler and Holli Bragg. Also, Letters to the Editor, Local Editorials and many new exclusive items will all be there just for you! And, when you're away from home, you can read the paper page by page anywhere, anytime from your computer with your subscription.

COMMENTS

SUBMIT A COMMENT

Commenting is not available.

Hot Topics

Articles
Multimedia
Blogs
 
 

Most Popular

Commenting not available.

Please wait ...