Dow tops record as rate, growth concerns ease
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Stocks rose on Friday, driving the Dow industrials to a record high after unexpectedly flat consumer price data reassured investors that U.S. economic growth and inflation are under control.
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After a shaky start Wednesday morning, stocks turned higher, with the Dow Jones industrial average hitting a new record trading high, after closing at its best level ever on Tuesday.
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The Dow Jones index hits a record closing high of 12,471, prompted by rising oil prices.
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Stocks extended gains on Wednesday, with the Dow at an all-time intraday high and the Nasdaq up 1 percent as weaker-than-expected services data calmed interest-rate and inflation worries.
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Welcome news about the economy and interest rates touched off a stock market rally that lifted the Dow Jones industrial average to a record.
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NEW YORK  -U.S. stocks surged on Thursday, with the Dow hitting a record on its biggest point gain in more than 4 years, after healthy retail sales reassured investors about consumer spending and a $38 billion mining takeover fed expectations for more deals. The S&P 500 also ended at a record closing high.
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U.S. stocks rallied on Wednesday, driving the Dow to a record intraday high after the Federal Reserve held rates steady and flagged no new concerns about inflation, signaling that a rate hike this year was less likely.
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The Dow Jones index ends at a new record high of 12,765, beating a record set one day earlier.
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Stocks rallied Wednesday, pushing the Dow Jones industrial average to a new all-time record and the S&P 500 to a fresh 6-1/2 year high, after investors cheered comments from Federal Reserve Chairman Ben Bernanke.
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Stocks rallied and the Dow industrials hit a record high on Wednesday as investors welcomed Federal Reserve Chairman Ben Bernanke's assessment that the economy would grow moderately as inflation eases.
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NEW YORK, Oct. 4 -- Wall Street rose even higher Wednesday, propelling the Dow Jones industrial average to its second straight record close.
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The Dow industrials climbed to an all-time high on Friday after government data showed consumer prices held steady last month, reassuring investors that the economy is maintaining growth with inflation under control.
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U.S. stocks rose for a third day on   Wednesday, pushing the Dow average near its record close, as   data showing a surprise gain in new home sales bolstered   optimism about the economy and corporate profits.
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The Dow Jones index of US shares reaches a record high for a second consecutive day, closing at 11,850.
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By Michael Patterson  The Dow Jones industrial average climbed to a record close Thursday as companies reported profits that beat analysts' estimates and as the number of claims for jobless benefits fell. Costco Wholesale, the largest U.S.
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Stocks soared on Wednesday, sending the Dow Jones industrial average to an all-time high, as investors drew confidence from Federal Reserve Chairman Ben Bernanke's comments that inflation is poised to ease while the economy grows moderately.
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It was a short but glorious week for the stock market, with both the Dow Jones industrial average and the Standard & Poorâs 500-stock index closing on Friday at record highs.