Summary Box: Stocks Rally To Highest This Year


Salon Staff
February 17, 2012 3:09AM (UTC)

HIGHS ALL AROUND: The Dow Jones industrial average, the Standard & Poor's 500 and the Nasdaq composite all notched their highest closes for the year so far, lifted by slivers of good news about the U.S. jobs market and housing.

NEARING 13,000: The Dow rose 123.13 points to close at 12,904.08, its highest close since May 19, 2008 — four months before the financial crisis imploded.

Advertisement:

IN A JAM: Shares of J.M. Smucker fell 8 percent. The company, maker of Jif peanut butter, Folgers coffee and Crisco shortening, said it lost sales volume after raising prices.


Salon Staff

MORE FROM Salon Staff

BROWSE SALON.COM
COMPLETELY AD FREE,
FOR THE NEXT HOUR

Read Now, Pay Later - no upfront
registration for 1-Hour Access

Click Here
7-Day Access and Monthly
Subscriptions also available
No tracking or personal data collection
beyond name and email address

•••


Fearless journalism
in your inbox every day

Sign up for our free newsletter

• • •