Thursday, 31 May 2007

S&P 500, Dow end at records on Fed's economic view

(Reuters) - The Standard & Poor's 500 closed at its first record high in seven years on Wednesday after minutes from the Federal Reserve's latest meeting reassured investors about the economy's health.

As part of the broad-based rally in the U.S. stock market, the Dow Jones industrial average soared to its 25th record close so far this year, bringing a resounding end to a global equities sell-off sparked by a plunge in China's benchmark share index.


Read more at Reuters Africa

1 comment:

michael said...

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