Replies to post #1625 on "~FAnTA$tic DD ~"

[~6979~]

~6979~ = human...

[I Like Bottom Fishing]

How the major stock indexes fared Friday

How the Dow Jones industrials and other major stock indexes
fared in Friday's trading

* The Associated Press
* On Friday May 8, 2009, 6:03 pm EDT

http://finance.yahoo.com/news/How-the-major-stock-indexes-apf-15190259.html?.v=2

Stocks soared Friday as Wall Street cheered the positive news it had been hoping for: Job losses slowed in April and big banks don't need as much capital as some had feared. Wall Street welcomed the Labor Department's report that employers cut 539,000 jobs last month -- the fewest in six months and much less than analysts had expected. Investors also were relieved that the results of the government's "stress tests" of the 19 largest U.S. banks were not worse than anticipated. Ten of them will need to raise about $75 billion in new capital as a buffer against losses if the economy worsens.

The Dow Jones industrial average rose 164.80, or 2 percent, to 8,574.65.

The Standard & Poor's 500 index rose 21.84, or 2.4 percent, to 929.23.

The Nasdaq composite index rose 22.76, or 1.3 percent, to 1,739.00.

For the week:

The Dow is up 362.24, or 4.4 percent.

The S&P is up 51.71, or 5.9 percent.

The Nasdaq is up 19.80, or 1.2 percent.

For the year:

The Dow is down 201.74, or 2.3 percent.

The S&P is up 35.98, or 4 percent.

The Nasdaq is up 161.97, or 10.3 percent.

http://finance.yahoo.com/news/How-the-major-stock-indexes-apf-15190259.html?.v=2