Stocks Sail On a Raft of Good News ; Dow Rises 134; Nasdaq at 2-Year High
The Record, Bergen County, NJ › January 06, 2004
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Summary
NEW YORK - Wall Street began the first full week of 2004 with a solid advance Monday, rising on encouraging interest rate news, a strong semiconductor sales report, and an upbeat forecast from software firm Siebel Systems.
The Nasdaq composite index rose 2 percent to its highest point in two years and the Dow Jones industrial average picked up more than 130 points.See the full content of this document
Extract
Stocks Sail On a Raft of Good News ; Dow Rises 134; Nasdaq at 2-Year High
Positive high-tech news and a Federal Reserve governor's suggestion that interest rates might remain low sent stocks soaring as many traders got back to work after the holidays. But analysts noted that Wall Street also was following its tendency to rise du...
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