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U.S. stocks rally back over 13,000, posting strong weekly ga

Daily newsbrief journal for November 2012, also see http://www.usdemocrats.com/brief for a global compendium library and follow twitter @usdemocrats


U.S. stocks rally back over 13,000, posting strong weekly ga

Postby admin » Fri Nov 23, 2012 10:44 pm

U.S. stocks rally back over 13,000, posting strong weekly gains
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- U.S. stocks ended higher on Friday and posted strong weekly gains, as encouraging economic reports from Germany and China buoyed the mood on Wall Street. Early indications of Black Friday sales pointed to momentum for U.S. retailers as they head into the all-important holiday season. The Dow Jones Industrial Average rallied 172.79 points, or 1.4%, to end at 13,009.68; for the week, it gained 3.4%. The S&P 500 index climbed 18.12 points, or 1.3%, to 1,409.15, leaving it up 3.6% for the week. The technology-heavy Nasdaq Composite advanced 40.30 points, or 1.4%, to end at 2,966.85; for the week, it rose 4%.
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