Wall St rises ahead of US congressional elections

Wall Street extended its November rally today, carrying the Dow Jones industrials to a new trading high as investors anticipated a business-friendly outcome of the US congressional elections and bought stocks across the market.

Wall St rises ahead of US congressional elections
Tue, 07 Nov, 2006 - 21:54

Wall Street extended its November rally today, carrying the Dow Jones industrials to a new trading high as investors anticipated a business-friendly outcome of the US congressional elections and bought stocks across the market.

Boeing Co. led the blue chips after winning a 2.3 billion (-1.8 billion) order from FedEx Corp. Strong quarterly reports from both Toyota Motor Corp. and Emerson Electric Co. also lent strength to the market.

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CourtsBusinessHeathrowPlace: WashingtonPlace: USPlace: Wall StreetPlace: North AmericaPlace: EuropePerson: Charles GabrielPerson: BushPerson: Brian GendreauEvent: US Congressional electionsOrganisation: Wall StreetOrganisation: Boeing Co.Organisation: FedEx Corp.Organisation: Toyota Motor Corp.Organisation: Emerson Electric Co.Organisation: republicansOrganisation: US House of RepresentativesOrganisation: Prudential SecuritiesOrganisation: DowOrganisation: NasdaqOrganisation: INGOrganisation: Toll Brothers Inc.Organisation: Beazer Homes USA Inc.Organisation: Toll BrothersOrganisation: Beazer HomesOrganisation: BoeingOrganisation: FedExOrganisation: AirbusOrganisation: ToyotaOrganisation: General Motors Corp.Organisation: EmersonOrganisation: New York Stock Exchange
<p>In the first eight months of the year, 116,099 new cars were registered, a 3.4% increase, of which 20,656 were electric cars representing a 37% year-on-year increase. File picture</p>

Electric car sales surge by 70% in Ireland, but Tesla's decline continues

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