As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Saturday, 11 May 2013

Stocks End Higher for Third Week; Dow, S&P 500 Close at New Highs








 




























By: CNBC.com Writer
                

Stocks finished modestly higher Friday with major indexes posting their third week in positive territory and the Dow and S&P 500 closing at new record highs.


The Dow Jones Industrial Average rose 35.87 points, to close at 15,118.49, led by Hewlett-Packard.

The S&P 500 climbed 7.03 points, to finish at 1,633.70.

The Nasdaq rallied 27.41 points to end at 3,436.58.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended below 13.

For the week, the Dow advanced 0.97 percent, the S&P 500 jumped 1.19 percent, and the Nasdaq added 1.72 percent.

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