S&P 500 rises to close at highest level since 2007
Jan. 4, 2013, 4:10 p.m. EST
NEW YORK (MarketWatch) -- U.S. stocks rose on Friday and posted strong weekly gains, with the S&P 500 closing at its highest level since 2007, after Congress passed crucial budget legislation and data showed the economy is continuing to add jobs at a moderate pace. The S&P 500 index rose 7.10 points, or 0.5%, to 1,466.47; for the week, it gained 4.6%, its best weekly performance since December 2011. The Dow Jones Industrial Average climbed 43.85 points, or 0.3%, to 13,435.21, leaving it up 3.8% for the week. The Nasdaq Composite index gained 1.09 points, or 0.04%, to 3,101.66, as shares of Apple Inc. dropped 2.8%. For the week, the Nasdaq rallied 4.8%.
http://www.marketwatch.com/story/sp-500-rises-to-close-at-highest-level-since-2007-2013-01-04
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