Investment Figures Of The Week
A seesaw week in the financial markets. The Standard & Poor's 500-stock index climbed to a new high on Jan. 29 and the NASDAQ Composite rose to a record on Feb. 1, with strong economic reports giving stocks a kick. Bonds, however, were hurt by the evidence of continued economic strength and sustained their biggest drop on Feb 1. Stocks declined on Feb. 2, led by computer stocks such as Microsoft Corp. and Intel Corp. But the stock market soared on Feb. 3, after the Federal Reserve left the federal funds rate unchanged.
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