Dow Jones at Two-Year High

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Dow Jones Industrial Average

Market Update:
"Strong buying in the early going has boosted the stock market to a fresh two-year high."

Happy New Year!

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The Dow Jones holds up pretty well til end of session!
A great start to the year!

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Now, it's wait and see if it translates into strong rise in the All Ords!

[Uncle Festivus]

Completely underwhelmed by the look of it?

Perhaps we can smell market manipulation better than the Yanks?

Are you sure you don't work for the US Fed, or Goldman Sachs?

[burglar]

Are you sure you don't work for the US Fed, or Goldman Sachs?

In the grey, I am one of the Lehman Brothers!

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Dow closes at its highest level since June '08,

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fresh two-year closing high

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: Stocks started the session without much direction, but they gradually chopped their way higher to settle with solid gains at their best levels in more than two years.

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Stocks fought off moderate selling pressure in the early going to work their way toward new two-year highs. Buying was further bolstered by news that Egypt's president gave into calls for his resignation.

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Broad market gains never became anything more than modest, but they were still enough to set new two-year highs

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"The report helped push the S&P and Dow near their highest closing levels since 2007. "

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DJ closed 13,579.47

Intraday high 13,647.10

Highest since Dec 2007

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...S&P 500 ended flat while the Dow advanced 0.3% to close at its best level in five years.

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Dow Jones peeps over 15000

What has made it go hard ... cheap money piped into the economy by the FED!

[burglar]

Dow Jones peeps over 15000

What has made it go hard ... cheap money piped into the economy by the FED!

Dow Jones fresh record high!


Market Update:

4:15 pm : The S&P 500 settled higher by 0.4% to register its fifth consecutive gain.

That streak appeared to be in jeopardy when stocks began the session on a lower note. However, the three-point slip at the open was enough to entice bargain hunters who sent the benchmark average to a fresh record high.

Cyclical sectors appeared weak during the opening minutes, but most economically-sensitive groups were able to rebound, and finish in the lead.

The materials space displayed strength from the start as industrial metals traded higher after China reported a wider-than-expected trade surplus. Gains in copper were notable as the red metal advanced 1.7% to 3.361 per pound.

[Wysiwyg]

Another surge to another gravity defying new high. Simply unreal (again).