Posted by
carydalton on Friday, November 06, 2009 6:00:55 AM
NEW YORK (Reuters) – U.S. stocks rallied on Thursday, with big manufacturers&&9; shares pushing the Dow industrials briefly up 2.1 percent to touch the 10,000 mark, after a rise in business productivity and a drop in jobless claims bolstered investor confidence in the economy.
Strong results from Cisco Systems (CSCO.O) lifted technology stocks, with the tech-heavy Nasdaq climbing the most of the three major indexes.
The Dow Jones industrial average (.DJI) was up 193 payday advance lenders.39 points, or 1.97 percent, at 9,995.53, after rising as high as 10,004.15. The Standard & Poor&&9;s 500 Index (.SPX) was up 18.07 points, or 1.73 percent, at 1,064.57. The Nasdaq Composite Index (.IXIC) was up 46.73 points, or 2.27 percent, at 2,102.25.
(Reporting by Edward Krudy; Editing by Jan Paschal)
Dow briefly hits 10,000 on economy hopes
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