US stocks rise on Greenspan's positive assessment

Stocks rose today after Federal Reserve Chairman Alan Greenspan delivered an upbeat assessment of the economy and Wall Street focused on the solid earnings reported by a growing number of companies.

US stocks rise on Greenspan's positive assessment
Wed, 20 Jul, 2005 - 22:44

Stocks rose today after Federal Reserve Chairman Alan Greenspan delivered an upbeat assessment of the economy and Wall Street focused on the solid earnings reported by a growing number of companies.

The Nasdaq composite index and the Standard & Poor’s 500 hit new four-year highs.

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