Saturday, 10 April 2010

The Dow briefly broke above 11,000 — the first time it's been above that level since September 2008



Closing 10,997.35 +70.28 +0.64%
By: Cindy Perman, JeeYeon Park

The Dow briefly broke above 11,000 — the first time it's been above that level since September 2008 — then settled a few points below that mark.

That wasn't the only benchmark this week: The CBOE volatility index closed at its lowest since October 2007. The 10-year yield crossed 4 percent for the first time, oil topped $87 a barrel and the Thomson Reuters same-store sales index hit a new record in March.

It was the sixth straight up week for stocks, the longest streak since April 2009.

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