Archive for April 2nd, 2012

Stocks Finish at Multiyear Highs The Dow Jones Industrial Average climbed 52 points, or 0.4%, to 13264, its highest close since December 2007. MarketBeat: Goldman Likes Stocks But Not Now SmartMoney: Stocks Hit All-Time High Copper Futures Rise 2.5% Report: Quarterly Markets Review

Stocks and commodities rose Monday, starting the second quarter positively after a gauge of U.S. manufacturing activity for March rose more than some had expected. Major equity benchmarks closed at their highest level in almost four years.

A positive report on U.S. manufacturing overshadowed concerns about weaker global growth and lifted stocks to multi-year highs Monday. The gain added to the best first quarter for stocks in more than a decade.

STRONG RISE: U.S. stocks rose to multi-year highs on Monday after a positive report on U.S. manufacturing. The Institute for Supply Management said that its survey of manufacturing executives rose strongly last month as hiring and output increased.

A positive report on U.S. manufacturing overshadowed concerns about weaker global growth and lifted stocks to multi-year highs Monday. The gain added to the best first quarter for stocks in more than a decade.

Stocks kicked off the first trading day of the month and quarter with a modest gain, after better-than-expected manufacturing reports from U.S. and China helped calm renewed concerns over a recession in the euro zone.

Stocks continued last weeks rally as better than expected manufacturing data outshined a drop in construction spending. Heading into the last hour of trading, the Dow climbed .6%, while the S&P 500 and Nasdaq added one percent. When was the last time you saw an Avon (AVP) lady? The company has [...]

U.S. stocks Monday started the second quarter with moderate gains, extending the market’s best start to the year since 1998. The Dow Jones Industrial Average rose 52.45 points, or 0.4%, to 13,264.49, with Chevron Corp. and International Business Machines contributing the most.

New highs for stocks.