Mon, May 28, 2012, 7:15 PM EDT - U.S. Markets closed for Memorial Day

Summary Box: Stocks rally to highest this year

Summary Box: Stocks rally to highest close this year; Smucker loses out

HIGHS ALL AROUND: The Dow Jones industrial average, the Standard & Poor's 500 and the Nasdaq composite all notched their highest closes for the year so far, lifted by slivers of good news about the U.S. jobs market and housing.

NEARING 13,000: The Dow rose 123.13 points to close at 12,904.08, its highest close since May 19, 2008 — four months before the financial crisis imploded.

IN A JAM: Shares of J.M. Smucker fell 8 percent. The company, maker of Jif peanut butter, Folgers coffee and Crisco shortening, said it lost sales volume after raising prices.

 

1 comment

  • Nels  •  3 months ago
    Gasoline was $1.67 per gallon when Obama took office!!
 
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