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The Honolulu Advertiser

Updated at 11:14 a.m., Monday, July 30, 2007

Dow surges 90 points in good day for Wall Street

Associated Press

Wall Street found a foothold Monday as investors, still anxious that a credit crunch could crimp U.S. growth, took advantage of low prices after last week's steep losses. The Dow Jones industrial average surged more than 90 points. Some solid earnings and takeover activity boosted the stock market, which is coming off the Dow's and the Standard & Poor's 500 index's biggest weekly drops in nearly five years.

  • The Dow rose 92.84, or 0.70 percent, to 13,358.31.

  • The Standard & Poor's 500 index rose 14.96, or 1.03 percent, to 1,473.91.

  • The Nasdaq composite index rose 21.04, or 0.82 percent, to 2,583.28.

    For the year:

  • The Dow is up 895.16, or 7.18 percent.

  • The S&P is up 55.61, or 3.92 percent.

  • The Nasdaq is up 167.99, or 6.96 percent.