New York – Stocks closed higher for a fourth straight week Friday, extending a September rally with huge daily gains fueled by optimism over the future direction of the economy.
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The Dow Jones Industrial Average was up 8.4 percent so far this month, putting the blue-chip index on track for the best September performance since 1939.
On Friday, the Dow rose 197.84 points, or 1.9 percent, to close at 10,860.26. For the week, the Dow was up 2.38 percent.
All 30 Dow components were higher throughout Friday’s session.
Meanwhile Gold hit a new record high near $1,300 an ounce on expectations that quantitative easing by the Federal Reserve could lead to more volatility in the currency markets. Gold rose 1.6 percent for the week to close at $1,296.
what will the ladies do?
did anyone see the ad in one of the fb magazines…was an ad for jewelry and it was titled ”wife insurance”
clever but sad.
The Obama haters are getting depressed.