Better Then Ever:

Discussion in 'Trading' started by bapunagar, Oct 5, 2006.

  1. The Dow Jones Industrial Average closed at a new all-time high on Wednesday for a second consecutive day The Dow Jones Industrial Average gained 1.1 per cent, or 123.27 points, to a new record close of 11,850.61, just shy of its new intra-day record of 11,851.25.where the major contribution is done by
    •Wall Street Consumer stocks, they were at the forefront of the gainers.
    •Recruitment company Robert Half International climbed 3.2 % to $34.45,
    •while Starbucks gained 5.7 % to $35.96.
    •Casino company Wynn Resorts added 6.2 % to $71.29.
    •Technology stocks also rallied. Graphics chipmaker NVIDIA jumped 9.8 per cent to $31.08 on rumors that it would be bought out by Intel. Other tech stocks also pushed higher. Microsoft climbed 2.1 per cent to a seven-month high of $27.94, and EBay added 6.1 per cent to $29.90
    At the close, the S&P500 was up 1.2 %, or 16.11 points, at a fresh five-and-a-half-year high of 1350.22.
    The NASDAQ Composite was up 2.1 %, or 47.30 points, at 2,290.95. Directly or indirectly the prices of the oil also made some effect on the market.apart for the above the mining sector had some rare losses