Friday, August 10, 2007
Markets:
DJIA
13,239
-31.14
S&P
1,453
+0.55
NASDAQ
2,544
-11.60
10Yr
4.78%
-0.014
The week's top news and analysis
It was the best of times. It was the worst of times. Or, revoking
literary license, the second worst.
While only one February session had taken a greater toll on the Dow
Jones Industrial Average this year than did Thursday's nearly 390-point
sell-off, the blue-chip gauge's Tuesday rise of 286 points was its
biggest of the year -- in four years, in fact.
When all was said and done, even those paying rapt attention to the
week's dizzying changes of direction might have been surprised to learn
that blue-chip U.S. stocks ended the week higher, meaning investors
won't require sutures to stanch the bleeding but may want to don
cervical collars to treat their whiplash. The S&P 500 (SPX) led the way,
rising 1.3% on the week, while the Nasdaq Composite (COMP) advanced 1.3%
and the 30-stock Dow industrials (INDU) nosed 0.4% upward.
