U.S. Stocks Rise to Highest Level Since 2007 on Earnings.......RECORD Earnings...Thanks Obama!!!
U.S. Stocks Rise to Highest Level Since 2007 on Earnings
By Inyoung Hwang & Leslie Picker - Feb 8, 2013 4:08 PM CT U.S. stocks rose, sending the Standard & Poor’s 500 Index to the highest level since November 2007, as corporate earnings topped estimates and European leaders reached a budget agreement.
Eight out of 10 groups in the S&P 500 rose as Apple Inc. and Hewlett-Packard Co. advanced at least 1.4 percent, pacing gains in technology stocks. LinkedIn Corp. surged 21 percent after the online professional-networking service provider posted earnings that beat estimates