NEW YORK (TheStreet) -- Stocks wrapped up their best weekly performance in two years on Friday after a pickup in manufacturing fueled Wall Street's hopes that the economic recovery is picking up momentum.
The Dow Jones Industrial Average started July with a bang, rising 170 points, or 1.4%, to 12,583. The S&P 500 finished ahead 19 points, or 1.4%, at 1340 and the Nasdaq Composite gained 43 points, or 1.5%, at 2816.
All three three major indices touched their 200-day moving averages and finished up at least 5% for the week.
http://www.thestreet.com/story/11172670/1/stock-market-story-july-1.html?cm_ven=GOOGLEN
The Dow Jones Industrial Average started July with a bang, rising 170 points, or 1.4%, to 12,583. The S&P 500 finished ahead 19 points, or 1.4%, at 1340 and the Nasdaq Composite gained 43 points, or 1.5%, at 2816.
All three three major indices touched their 200-day moving averages and finished up at least 5% for the week.
http://www.thestreet.com/story/11172670/1/stock-market-story-july-1.html?cm_ven=GOOGLEN
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