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Strong commodities and solid results bring respite

Posted on 27 March 2009

From FT: US stocks rallied strongly yesterday to put the benchmark S&P 500 index on course for its biggest monthly gain since 1974. Strength in the cash-rich technology sector, meanwhile, meant the Nasdaq Composite index is now in positive territory for the year.

The S&P 500 rose 2.3 per cent to 832.86 and the Dow Jones Industrial Average gained 2.3 per cent to 7,924.56. The Nasdaq Composite index surged 3.8 per cent to 1,587, putting it 0.6 per cent up for 2009…..Full Article: Source


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