Dow sees industrials and S&P index rise
Wall Street surged ahead today, completing a remarkable 12-month period that saw the major indexes make a stunning rebound from the depths of the three-year-long bear market.
At the close, the Nasdaq composite index had recovered an impressive 71.6% of its value since October 9, 2002, while the Dow Jones industrials were up 32.9% and the Standard & Poor’s 500 index had regained 33.7%.