Monday, February 14, 2011

Dow Jones Up 1.5% Week On Week, 14-02-2011

Dow Jones ended 1.5% to record its 2nd straight gains week on week.

The Dow dropped as much as 49 points before ending +43 points after the resignation of Egypt's President Hosni Mubarak eased investors' fears about a spread of violence to oil-producing countries.

Meanwhile, sentiment was also boosted by the 8-month high of Feb’s consumer sentiment index of 75.1 (Jan: 74.2).

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