Dec 5, 2011

Wall Street Rockets Higher in Best Week Since ’09
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Written by : Tom George| 0 | Business


Stocks surged more than 7% this week, Wall Street’s best performance since 2009, as traders grew hopeful that global policymakers are taking action to tackle Europe’s two-year-old debt crisis. Today’s Markets The Dow Jones Industrial Average fell 0.61 point, or 0.01%, to 12,019, the S&P 500 slipped 0.3 point, or 0.02%, to 1,244 and the Nasdaq Composite gained 0.73 point, or 0.03%, to 2,627. Action was fairly subdued on the day, with the major market averages making only small moves. The S&P 500 leaped 7.4% on the week, its best performance since March 13, 2009, which is considered to be the beginning of the current bull market. The broad-market index has nearly doubled since hitting its bear-market low of 666.79 on March 6, 2009, but is still down by 1.1% for the year.Read more: http://www.foxbusiness.com/markets/2011/12/02/wall-street-rockets-higher-in-best-week-since-0/#ixzz1fgMfZ4Z6
Via www.foxbusiness.com

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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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