Saturday, April 18, 2009

US stocks eke out modest gains


US stocks eke out modest gains
18-04-2009

US stocks eked out modest gains, after stronger-than-expected profit reports from Citigroup and General Electric.

Wall Street's winning streak extended to a sixth week.

The Dow Jones Average edged up almost 6 points, to close at 8,131 - the highest close for the blue-chip index in over two months.

The Nasdaq composite added 2 points, to a five-month high of 1,673;while Standard & Poor's 500 index increased 4 points, to 869.6.

The market ended positive for the sixth consecutive week, in a lackluster session.

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