|
|
Dow Jones average, S&P 500 set new record close (2) |
 |
+ |
- |
08:29, July 20, 2007 |
Honeywell, a U.S. leading technology and manufacturing firm, announced second quarter sales increased 8 percent to 8.5 billion dollars while earnings were up 24 percent to 78 cent per share versus 63 cents per share last year.
Shares of IBM surged past a 52-week high to 116.48 dollars as the company''s earning rose about 12 percent in the second quarter.
The Dow Jones industrial average closed above 14,000 milestone for the first time, the blue chip index rose 82.19, or 0.59 percent, to settled at 14,000.41.
The Dow hit 14,000 for the first time on Tuesday, setting the 31st record high since the beginning of this year.
The S&P 500, the broader stock indicator, was up 6.91, or 0.45 percent, to 1553.08. The Nasdaq composite index rose 20.55, or 0. 76 percent, to 2,720.04.
Source: Xinhua
[1] [2]
|
|
|
Comment
Tell A Friend
Print Format
Save Article