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Stocks end up following tame core inflation reading | The Honolulu Advertiser | Hawaii's Newspaper

Updated at 11:31 a.m., Friday, June 15, 2007

Stocks end up following tame core inflation reading

Associated Press

Wall Street barreled higher again today after the week's most anticipated economic reading indicated that inflation excluding the price of gas remained tepid last month, easing some concerns that have jolted stock and bond markets in recent sessions. The Dow Jones industrial average — which has surged more than 340 points over the last three days, the biggest three-day point gain since November 2004 — is now less than 40 points below its record close reached on June 4.

  • The Dow rose 85.76, or 0.63 percent, to 13,639.48.

  • The S&P 500 index rose 9.94, or 0.65 percent, to 1,532.91.

  • The Nasdaq composite index rose 27.30, or 1.05 percent, to 2,626.71.

    For the week:

  • The Dow is up 215.09, or 1.60 percent.

  • The S&P is up 25.24, or 1.67 percent.

  • The Nasdaq is up 53.17, or 2.07 percent.

    For the year:

  • The Dow is up 1,176.33, or 9.44 percent.

  • The S&P is up 114.61, or 8.08 percent.

  • The Nasdaq is up 211.42, or 8.75 percent.
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