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Dow at record on Asian rebound, earnings by Nick Godt (Apr20,2k7)
NEW YORK (MarketWatch) -- U.S. stocks rallied Friday, sending the Dow Jones Industrial Average to another record high and the market on track for strong weekly gains, following a rebound rally in Asian markets overnight and better-than-expected earnings from the likes of Caterpillar Inc. and Google Inc. The Dow Jones Industrial Average ($INDU :
Dow Jones Industrial Average) Last: 12,961.98+153.35+1.20% > 4:30pm 04/20/2007.
$INDU12,961.98, +153.35, +1.2% ) rallied 155 points to 12,964, a new record close, at the unofficial 4 p.m. close. For the week, the Dow surged 2.8%, marking its third straight week of gains. Caterpillar (CAT :
CAT71.82, +3.20, +4.7% ) surged 4.7% after its earnings topped expectations and the heavy-equipment maker raised its guidance. The S&P 500 index ($SPX :
S&P 500 Index
$SPX1,484.35, +13.62, +0.9% ) rose 13 points to 1,484, and advanced 2.2% on the week. The Nasdaq Composite (COMP :
Nasdaq Composite Index
COMP2,526.39, +21.04, +0.8% ) gained 21 points to 2,526 on Friday, and rose 1.4% on the week.
Google (GOOG :
google inc cl a
News , chart , profile , more
Last: 482.48+10.83+2.30%
4:00pm 04/20/2007
GOOG482.48, +10.83, +2.3% ) helped power the tech sector Friday, gaining 2.3% after its earnings powered past expectations. End of Story
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Dow Industrials surge by triple digits to top 12,900 for first time (Apr20,2k7)
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Dow industrials close with gain of less than 5 points but notch record h+ (Apr19,2k7).
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Dow industrials rise 29 points to all time h+ (Apr18,2k7).
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Dow hits all-time intra-day h+ of 12,798 (Apr18,2k7).
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Dow closes over 100 points h+er, above level seen before Feb. 27 plunge (Apr16,2k7).
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Dow industrials rise for 8th strait session (Apr10,2k7).
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Dow industrials close at h+est levels in 5 weeks, index up for strait days (Apr3,2k7).
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Dow industrials post first quarterly loss since Q2 2005 (Mar30,2k7).
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Dow industrials advance in all 5 sessions to gain 3,1% on week (Mar23,2k7).
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Up as much as 191 points on Fed news, Dow industrials move into black for 2007 (Mar21,2k7)
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Dow industrials erase 135-point intraday decline, close with 57-point gain (Mar14,2k7).
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Dow industrials fall more than 80 points, index below 12,000 for first time in four months (Mar13,2k7).
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Dow industrials fall more than 240 points; Dow, Nasdaq, S&P each lose 2% (Mar13,2k7).
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Dow industrials drop 200 points (Mar13,2k7).
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Dow ends day with 155-point gain, the biggest since July 2006 (Mar6,2k7).
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Dow industrials fall 4.3% in worst weekly decline in 4 years (Mar2,2k7).
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Dow industrials drop more than 100 points (Mar2,2k7).
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Dow industrials close 0.3 lower, recovering from early sell-off (Mar1,2k7).
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Dow industrials fall 200 points early Thursday, with all 40 components in red (Mar1,2k7).
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Stock indexes trim losses, after manufacturing gauge shows expansion (Mar1,2k7).
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Dow industrials up as much as 137 points as rebound adds momentum (Feb28,2k7).
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Dow industrials up 0.6% as US stock indexes seek to bounce back from sell-off (Feb28,2k7).
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Dow industrials plunge by 475 points (Feb27,2k7).
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Dow industrial average drops by 200 points to 12,432 points (Feb27.2k7).
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