Investment Figures Of The Week

COMMENTARY

An upbeat week in the U.S. equity markets. The Dow Jones industrial average broke above the 8500 mark on Feb. 27 and climbed to a record high of 8585 on Mar. 3. Expectations of buoyant consumer spending drove share prices, with retailers, builders, and entertainment companies particularly vibrant. But the strong economy sent bond prices falling, with yields climbing to 12-week highs. Bond traders were troubled by new-home sales figures that showed a stronger-than-expected gain.

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