Market closes higher as Dow nears 950 barrier
The stock market extended its recovery with the Dow Jones average rising to 952.95, up 3.48, amid lighter volume of 75.55 million shares. The AP market roundup notes 1968 high marks and varied sector moves, with utilities down and rails reaching new yearly highs.
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Stock index soars to new high as utilities dip
The Standard & Poor's 500 stock index rose to a new yearly high at 103.71 with a gain of .50, while the New York Stock Exchange index edged up 17 cents per share. Utilities declined by about 4 points on the day as investors chased gains across equities.
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