Saturday, December 11, 2010

S&P 500 and Nasdaq Finish at New Highs

US Stocks settled at 2 years high Stocks rose on Friday, with the S&P 500 and the Nasdaq Composite climbing to fresh multi-year highs, as consumers showed more confidence in the economy and stronger exports in October helped narrow the trade gap.

The Dow Jones Industrial Average rose 40 points or 0.2%, to 11,410. The S&P 500 surged 7 points or 0.6%, to 1,240, its highest level since September 2008, while the Nasdaq jumped 21 points, or 0.8%, to 2,637, its highest level since December 2007.

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