Friday, April 17, 2009

Market hype to SPX 869.60

Stocks closed higher despite some selling in the final half hour of trading, giving the market its sixth straight weekly gain and its longest weekly winning streak since 2007.

A late sell-off pared major indexes' gains to just a few points: The Dow Jones Industrial Average rose 5.90, or 0.1 percent, to close at 8,131.33. The S&P 500 rose 0.5 percent and the Nasdaq added 0.2 percent.

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