Shares Rise, Sending S.&amp;.P. 500 to a Two-Month High
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Stocks advanced yesterday, pushing the Standard &amp; Poor&#39;s 500-stock index to a two-month high, as a drop in crude oil futures eased concern that higher energy costs would erode corporate profits.
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European shares kicked off 2005 by climbing to their highest in almost two and a half years on Monday after a small rebound by the dollar lifted exporters such as car giant DaimlerChrysler.
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NEW YORK  -The S&P 500 index  climbed to a record on Friday, surpassing levels reached during the Internet bubble, as General Electric Co.  increased a stock-buyback plan and data showed improving consumer sentiment.
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tocks rose yesterday amid heavy trading on the first day of the fourth quarter as PeopleSoft and chip-related stocks sent the Nasdaq to its highest level in more than two months.
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European shares inched up to fresh two-month highs on Monday as optimism grew that the US economy was doing well, helping to lift beaten-down sectors such as technology and insurers.
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Google stock jumped above $500 for the first time Tuesday, leaving the shares up nearly 500 percent since the world's No. 1 search engine went public little more than two years ago.
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U.S. stocks rebounded on Wednesday, with the S&P and Nasdaq rising more than 2 percent, led by technology companies as investors snapped up beaten down shares, while the energy sector benefited from a surge in oil prices.
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US stocks were higher at midmorning on Thursday, as a slew of deals fuelled the market&#39;s momentum, a day after the S&amp;P 500 had risen to a record close.
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US stocks rose, sending the Standard &amp; Poor&#39;s 500-stock index to its highest point since July 2, as the biggest decline in oil prices in three months allayed concern that fuel costs will slow earnings and economic growth.
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Stocks gained on Wednesday, with the   S&P 500 briefly touching a five-year high, amid optimism about   corporate profits and the outlook for inflation, after the   Federal Reserve decided to keep interest rates unchanged.
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Stocks rose sharply on Friday in heavy trading as software company PeopleSoft Inc. and chip-related stocks boosted the Nasdaq and Standard &amp; Poor&#39;s 500 indexes to their highest closes in about three months.
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U.S. stocks rallied on Monday, with the S&P 500 index reaching a six-year high and the Nasdaq jumping more than 1 percent as lower oil prices and a wave of takeover deals boosted optimism about the economic outlook and corporate valuations.
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The dollar jumped to a two-month high  against the euro on Tuesday as the market swung its attention  back to rising U.S. interest rates, a thin ray of light in the  dollar's overall weakening trend.
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European shares crept to a two-month  closing high on Monday, boosted by tech stocks and other  sectors most exposed to the global economic cycle but trade was  lackluster with the United States on holiday.
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Stocks rose Wednesday morning, pushing the Dow Jones industrial average within a whisper of its all-time closing high of January 2000.
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The dollar edged toward a two-month high  against the euro on Friday, buoyed by expectations that U.S.  interest rates will continue to rise steadily, attracting funds  to the United States.
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US stocks rose, sending the Standard &amp; Poor&#39;s 500 Index to its highest close in more than three years and erasing the Dow Jones industrial average&#39;s loss for 2004.