Regis Philbin
Feb 15th, 2007, 08:00 PM
http://money.cnn.com/2007/02/15/markets/markets_0550/index.htm?postversion=2007021518
Dow hits fresh all-time high
Blue-chip barometer closes at new record; second day of Fed chief's testimony, mixed economic news, seesawing oil prices all factor in Thursday's session.
By Alexandra Twin, CNNMoney.com senior writer
February 15 2007: 6:07 PM EST
NEW YORK (CNNMoney.com) -- Stocks rose Thursday, with the Dow hitting a fresh all-time high, as investors eyed mixed economic news, a rebound in oil prices and the conclusion of Fed chief Ben Bernanke's two days of congressional testimony.
The Dow Jones industrial average (up 23.15 to 12,765.01, Charts) gained 0.2 percent and ended at a new record high. Earlier in the session, the blue-chip barometer hit a fresh trading high.
The broader S&P 500 (up 1.51 to 1,456.81, Charts) index added a few points and also built on its 6-1/2 year high from the previous session
The tech-fueled Nasdaq (up 8.72 to 2,497.10, Charts) composite added roughly 0.4 percent.
Treasury prices rose, lowering the corresponding yields and the dollar slipped versus other major currencies.
Dow hits fresh all-time high
Blue-chip barometer closes at new record; second day of Fed chief's testimony, mixed economic news, seesawing oil prices all factor in Thursday's session.
By Alexandra Twin, CNNMoney.com senior writer
February 15 2007: 6:07 PM EST
NEW YORK (CNNMoney.com) -- Stocks rose Thursday, with the Dow hitting a fresh all-time high, as investors eyed mixed economic news, a rebound in oil prices and the conclusion of Fed chief Ben Bernanke's two days of congressional testimony.
The Dow Jones industrial average (up 23.15 to 12,765.01, Charts) gained 0.2 percent and ended at a new record high. Earlier in the session, the blue-chip barometer hit a fresh trading high.
The broader S&P 500 (up 1.51 to 1,456.81, Charts) index added a few points and also built on its 6-1/2 year high from the previous session
The tech-fueled Nasdaq (up 8.72 to 2,497.10, Charts) composite added roughly 0.4 percent.
Treasury prices rose, lowering the corresponding yields and the dollar slipped versus other major currencies.