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S&P tops 900 as Wall Street rallies

This article was posted on May 5, 2009 and is filed under Press Releases

NEW YORK (Reuters) – Stocks extended gains on Monday, driving the benchmark S&P 500 (^SPX – News) back above the psychologically important 900 level for the first time since early January.

The index has now gained more than 33 percent since hitting a 12-year closing low on March 9.

The Dow Jones industrial average (DJI:^DJI – News) gained 195.29 points, or 2.38 percent, to 8,407.70. The Standard & Poor’s 500 Index (^SPX – News) added 23.53 points, or 2.68 percent, to 901.05. The Nasdaq Composite Index (Nasdaq:^IXIC – News) rose 33.31 points, or 1.94 percent, to 1,752.51.

(Reporting by Ellis Mnyandu; Editing by Jan Paschal)

source: yahoo finance

Tags: Dow Jones, S&P, stocks, wallstreet

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