Wall Street closes higher, S&P 500 ab...

Wall Street closes higher, S&P 500 above 1,500

Posted in the Minneapolis Forum

Obama Recovery Is Real

Minneapolis, MN

#1 Jan 25, 2013
Wall Street closes higher, S&P 500 above 1,500

Source: Reuters

(Reuters)- The S&P 500 index on Friday closed above the 1,500 level for the first time in more than five years as strong U.S. earnings reports from Procter & Gamble and others helped the benchmark extend its rally to eight days.

The Dow Jones industrial average .DJI was up 70.50 points, or 0.51 percent, at 13,895.83. The Standard & Poor's 500 Index .SPX was up 8.11 points, or 0.54 percent, at 1,502.93. The Nasdaq Composite Index .IXIC was up 19.33 points, or 0.62 percent, at 3,149.71.

For the week, the Dow rose 1.8 percent, the S&P climbed 1.1 percent and the Nasdaq rose 0.5 percent. It was the fourth straight week of gains for all three indexes.

Read more: http://www.reuters.com/article/2013/01/25/us-...

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