Best January for Stocks Since 1997
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Posted: 4:50 PM Jan 31, 2012
Best January for Stocks Since 1997
The Dow fell 21 points on Tuesday to close at 12,632.
Reporter: Associated Press
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New York, NY (AP) - It's the best start for stocks in 15 years.

The Dow Jones industrial average and the Standard & Poor's 500 each finished with their biggest January gains since 1997. Stocks jumped on the first trading day of the year and made a slow climb from there.

There was a dip at the end, though. The Dow fell 21 points on Tuesday to close at 12,632. Traders were discouraged by unexpectedly weak consumer confidence figures. The S&P closed down a fraction of a point, and the Nasdaq gained two.

Advancers and decliners were about even on the New York Stock Exchange. Volume was a little higher than average lately at 4.1 billion shares.

The S&P ended the month up 4.4 percent.

Latest Comments

Posted by: Gerry Location: Tallahassee on Feb 1, 2012 at 08:26 AM

As of this morning, the US borrows for 10 years at 1.81%.
Posted by: Gerry Location: Tallahassee on Jan 31, 2012 at 08:50 PM

Greece doesn't have its own national currency, it uses the euro. Greece borrows today for 10 years at 35.72%. Portugal also uses the euro and borrows today for 10 years at 16.45%.
Posted by: What proof do you have? on Jan 31, 2012 at 08:48 PM

Or is this your opinion? I already know the answer.
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