Read time: 0 minutes

Dow, S&P 500 Close At New Record Highs  

Proving, once again, that Wall Street has no real connection to the rest of the economy.
Dow, S&P 500 Close At New Record Highs   
Image from: Flickr

Via AFP:

US stock markets Thursday continued their bull run of 2013, closing at fresh records after a strong US unemployment report.

The Dow Jones Industrial Average shot up 122.33 (0.75 percent) to 16,479.88, finishing at a record high for the sixth straight session.

The S&P 500, closing at a record high for the fourth straight session, added 8.70 (0.47 percent) at 1,842.02. The tech-rich Nasdaq Composite Index increased 11.76 (0.28 percent) to 4,167.18.

The latest record came after US Labor Department data showed first-time claims for unemployment benefits fell to 338,000 from an adjust...

Continue reading...

Can you help us out?

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $20 for 2020? Please consider a one time or recurring donation of whatever amount you can spare, or consider subscribing for an ad-free experience. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

More C&L Coverage

Comments

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.