Friday, April 13, 2007

Stocks maintain rally

NEW YORK (CNNMoney.com) -- Stocks made steady gains after an early dip Friday, with the Dow leading the way for the bulk of the day before the Nasdaq caught up in the later afternoon.
The Dow Jones industrial average (up 56.89 to 12,609.85) added 0.47 percent, according to early tallies. The broader S&P 500 (up 5.03 to 1,452.83) index rose 0.35 percent and the Nasdaq rose 0.47 percent.


For the week, the Dow rose 51 points, or 0.4 percent. The S&P gained 9 points, or 0.6 percent, and the Nasdaq climbed 20 points, or 0.8 percent.
Treasury prices fell, raising the yield on the benchmark 10-year note to 4.77 percent, while the dollar was little-changed against the yen and lower against the euro.
Oil eased slightly and gold hit a six-week high.

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