Dow soars to record high

The Dow Jones industrial average broke through 11,900 to close at a record high today, boosted by optimism over the health of US corporate earnings.

Dow soars to record high
Thu, 12 Oct, 2006 - 23:05

The Dow Jones industrial average broke through 11,900 to close at a record high today, boosted by optimism over the health of US corporate earnings.

The Dow Jones industrial average rose 95.57, or 0.81%, to close at 11,947.70. The previous record close from Tuesday was 11,867.17.

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<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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