A report by encouraging trade and signs that a tax reduction kit would be passing the Senate sent stocks rise slightly higher Friday. The Government has reported that the u.s. trade deficit fell to its lowest level in nine months in October. Growth in demand for u.s. products overseas pushed exports at their highest level for more than two years. S & P 500 Index closed at another high for the year, the third consecutive day, he did.
The Dow Jones industrial average rose 40.26, 0.4%, 11,410.32.
Index of standard & Poor 500 7.40, increased or 0.6%, 1,240.40.
The Nasdaq composite index rose 20.87, or 0.8%, 2,637.54.
For the week:
Dow Jones index is 28.23, or 0.2 percent.
S & P is 15,69 or 1.3%.
The Nasdaq is 46.08, or 1.8%.
For the year:
Dow Jones index is 982.27 or 9.4%.
S & P is 125.30, or 11.2%.
The Nasdaq is 368.39, or 16.2%.
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