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.

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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.


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