Wednesday, April 25, 2007

Dow Sets New Record Above 13,000

The Dow set a record with its first close above 13,000 as strong corporate earnings boosted investor sentiment. The blue chip index surged 136 points to 13,090 while Nasdaq climbed 23 points to 2548. S&P 500 soared 15 points to 1495. The 30-year bond slipped as the yield rose to 4.830%.

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