Nice NEW YORK – Stocks closed at another 2011 high Thursday despite modest U.S. economic growth in the first quarter.
The economy grew at a 1.8 annual rate between January and March. That's the weakest rate since last spring. Higher oil prices cut into consumer spending and bad weather slowed down construction projects.
Stocks rose modestly as investors bet that the economy would grow at a faster annual rate once gasoline prices stabilized.
The S&P 500 rose 4.82 points, or 0.4 percent, to 1,360.48. The Dow Jones industrial average rose 72.35, or 0.6 percent, to 12,763.31. The Nasdaq composite gained 2.65, or 0.1 percent, to 2,872.53.
The Russell 2000 index rose again, a day after reaching shop clothing shoes cheap
สมัครสมาชิก:
ส่งความคิดเห็น (Atom)
ไม่มีความคิดเห็น:
แสดงความคิดเห็น