US stocks surge more than 177 points

Wall Street bounded higher for the second straight day today as investors revelled in sharply falling oil prices and the pro-business agenda of the second Bush administration.

US stocks surge more than 177 points
Thu, 04 Nov, 2004 - 21:59

Wall Street bounded higher for the second straight day today as investors revelled in sharply falling oil prices and the pro-business agenda of the second Bush administration.

The Dow Jones industrials gained more than 177 points for its best day of 2004, while the S&P 500 closed at its highest level since early 2002.

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CourtsBusinessHeathrowPlace: USPlace: Wall StreetPerson: BushPerson: Michael PalazziPerson: Rod SmythOrganisation: 500Organisation: New York Mercantile ExchangeOrganisation: SG Cowen SecuritiesOrganisation: DowOrganisation: NasdaqOrganisation: Labour DepartmentOrganisation: Federal ReserveOrganisation: Wachovia SecuritiesOrganisation: FedOrganisation: Wall StreetOrganisation: Wal-MartOrganisation: QualCommOrganisation: Qwest Communications InternationalOrganisation: QwestOrganisation: MCIOrganisation: CVSOrganisation: EckerdOrganisation: New York Stock Exchange
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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