Last week the Dow Jones Industrial Average sat a new record, The Nasdaq closed out the week at a six year high, The S&P 500 closed out at just below a six year high, and the small cap Russell Index closed just below an all time high. The market was on Fire, considering the fact that the GDP numbers were considerably weak. Better than expected earnings are the reason for increase in the major indices, and earnings will continue this week as well.
Monday, April 30, 2007
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