Dow sets new high once more

Wall Street extended its record-setting rally today as a sharp drop in oil prices and a surprise jump in the US gross domestic product encouraged buying.

Dow sets new high once more
Wed, 22 Dec, 2004 - 22:23

Wall Street extended its record-setting rally today as a sharp drop in oil prices and a surprise jump in the US gross domestic product encouraged buying.

The Dow Jones industrials and the Standard & Poor’s 500 index both reached new three-and-a-half year highs.

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