Thursday, May 1, 2008

Stocks Rally, Dollar Gains, Commodities Fall

The Dow Jones Industrial Average increased 190 points (1.5%) to close at 13,010, the S&P 500 Index increased 24 points (1.7%) to 1,409, and the Nasdaq Composite jumped 68 points (2.8%) to 2,481. Crude oil dropped $0.94 to $112.52 per barrel, and gold ended down $14.20 at $850.90 per ounce.

Magnificent Seven Update