Dow Hits 14-Month High
Posted: Mon Aug 18, 2003 4:17 pm
Stocks End Up; Dow Hits 14-Month High
Reuters
Monday, August 18, 2003; 4:01 PM
NEW YORK (Reuters) - U.S. stocks rose on Monday, with the Dow Jones industrial average ending on a 14-month high, as rosy news from big retailers like Wal-Mart Stores Inc. bolstered investors' hopes that the economy and corporate profits are improving.
The blue-chip Dow Jones industrial average <.DJI> ended up 90.97 points, or 0.98 percent, at 9,412.66. The broader Standard & Poor's 500 Index <.SPX> gained 9.23 points, or 0.93 percent, to 999.90. The technology-laced Nasdaq Composite Index <.IXIC> rose 37.52 points, or 2.20 percent, to finish at 1,739.53, based on the latest available data.
Reuters
Monday, August 18, 2003; 4:01 PM
NEW YORK (Reuters) - U.S. stocks rose on Monday, with the Dow Jones industrial average ending on a 14-month high, as rosy news from big retailers like Wal-Mart Stores Inc. bolstered investors' hopes that the economy and corporate profits are improving.
The blue-chip Dow Jones industrial average <.DJI> ended up 90.97 points, or 0.98 percent, at 9,412.66. The broader Standard & Poor's 500 Index <.SPX> gained 9.23 points, or 0.93 percent, to 999.90. The technology-laced Nasdaq Composite Index <.IXIC> rose 37.52 points, or 2.20 percent, to finish at 1,739.53, based on the latest available data.