American stocks rise sharply

Wall Street began the first full week of 2004 with a solid advance today rising on encouraging interest rate news, a strong semiconductor sales report and an upbeat forecast from software firm Siebel Systems.

American stocks rise sharply
Mon, 05 Jan, 2004 - 21:55

Wall Street began the first full week of 2004 with a solid advance today rising on encouraging interest rate news, a strong semiconductor sales report and an upbeat forecast from software firm Siebel Systems.

The Nasdaq composite index rose 2% to its highest point in two years and the Dow Jones industrial average picked up more than 130 points.

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CourtsBusinessHeathrowPlace: St LouisPlace: USPlace: EuropePerson: Alfred E GoldmanPerson: Ben BernankePerson: BernankePerson: Todd LeoneOrganisation: Wall StreetOrganisation: Siebel SystemsOrganisation: NasdaqOrganisation: Federal ReserveOrganisation: A G Edwards & Sons Inc.Organisation: DowOrganisation: Semiconductor Industry AssociationOrganisation: Commerce DepartmentOrganisation: FedOrganisation: S.G. Cowen SecuritiesOrganisation: CowenOrganisation: Dell Inc.Organisation: Microsoft Corp.Organisation: Siebel Systems Inc.Organisation: General Motors Corp.Organisation: GMOrganisation: Ford Motor Co.
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