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S&P 500 Poised to Close at New Multi-Year High

Exciting.

A mid-day spike in stocks followed the release of the Fed Beige Book, which showed increased economic activity, strong job growth, and little indication of inflation at the consumer level.

Update:  Not only did it hang on, its buddy joined it.  Both the S&P 500 and the Dow closed at 4+ year highs.  (The Nasdaq is still about 1% shy of its January high.)

Dow 11,209.77 +58.43 (+0.52%)
Nasdaq 2,311.84 +15.94 (+0.69%)
S&P 500 1,303.02 +5.54 (+0.43%)

Handcrafted by Flip on March 15, 2006 |

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