Wednesday, December 31, 2008

Stocks Log Best Year-End Rally Ever!

Santa delivered his rally just in time for the ball drop — and with a bang!

The Dow Jones Industrial Average jumped another 108 points Tuesday, adding to the 184-point gain logged on Wednesday, making it the best two-day end-of-year rally EVER. The record was 115.83, set in 1997.

In percent terms, the Dow gained 3.5 percent in the past two sessions, while the S&P 500 added 3.8 percent and the Nasdaq turned in the best performance, gaining 4.4 percent.


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