Investment Figures Of The Week
The U.S. stock market began the new year with a bang. The Dow Jones industrial average climbed above 9500 for the first time, rising 234 to close at 9545 on Jan. 6. The rise was aided by a flow of cash into stocks from pension funds. The Standard & Poor's 500 and NASDAQ Composite also climbed to new records. The dollar surged, as signs of slower growth boosted the U.S. currency against the new euro. The yen fell against the dollar, reflecting speculation that Japan may sell yen to help exports.
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