The Dow Jones Industrial Average rose 54.78 points, or 0.3 percent, to end at a record 16,064.77, with Boeing pacing gains that included 23 of the blue-chip index's 30 components. After finishing above 16,000 for the first time on Thursday, the Dow set an intraday record of 16,068.78, and ended up 0.7 percent for the week, which marks a seventh consecutive weekly rise, its longest such stretch since an eight-week advance that ended Jan. 21, 2011.
The S&P 500
rose 8.91 points, or 0.5 percent, to 1,804.76, its first finish above
1,800, with health care the best performing and telecommunications the
largest laggard of its 10 industry groups. It climbed 0.4 percent from
last Friday's close, extending to seven its streak of weekly gains. The Nasdaq added 22.49 points, or 0.6 percent, to 3,991.65, leaving it up 0.1 percent for the week.
The CBOE Volatility Index (VIX), a gauge of investor uncertainty, fell to 12.35.
STI Sibei Sianz!!!
High income and high spending - I took some time off the blog for about a week. Was posting consecutively for a few days and ran out of topics I was interested to write about. We took las...
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