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Dow Ends At 11,000 – First Time In 18 Months


Stocks managed gains Monday, with the Dow industrials closing above 11,000 for the first time in 18 months, after European leaders made loans available to Greece, tempering fears that the nation might have to default on its debt.

But lingering concerns ahead of the start of the quarterly reporting period limited the gains.

The Dow Jones industrial average (INDU) added 8 points or 0.1%, finishing at 11,005.97, the highest close since Sept. 26, 2008, when it ended at 11,143.13.

The S&P 500 index (SPX) gained 2 points, or 0.2%, ending at 1196.48, an 18-month high. The Nasdaq composite (COMP) edged up 4 points, or 0.2%, to the highest finish since June 19, 2008.

(Source: CNN Money)



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