Huge week for Wall Street

[RecycleMichael]

Up 650 points in five days. This is the start of the new fiscal quarter and the market is beginning to make a run.

Stocks: Market closes huge week with rally; Dow up 168
   
      By DAVID K. RANDALL AP Business Writer
         
   NEW YORK — Stocks are closing their best week since the bull market began in March 2009.
An unexpected rebound in U.S. manufacturing surprised investors Friday, sending the Dow Jones industrial average up nearly 170 points. Indexes were also lifted by a bounce back in auto sales last month.

The Dow is closing up 168 points Friday, or 1.4 percent, to 12,583. The S&P 500 is up 19, or 1.4 percent, to 1,340. The Nasdaq composite is up 43, or 1.5 percent, to 2,816.

The Dow added nearly 650 points for the week. It gained 5.4 percent.

Five stocks rose for every one that fell on the New York Stock Exchange. Volume was slightly below average at 3.4 billion shares.

Read more from this Tulsa World article at http://www.tulsaworld.com/business/article.aspx?subjectid=51&articleid=20110701_51_0_NEWYOR918310

[guido911]

I know I am smile more happy than I was about three weeks ago.

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It figures that the DOW (and my employer's stock) would be up right at the end of June, especially since the discount was limited to 5% instead of 15% as it was for the Employee Stock Purchase Plan.  Thank you people who want to punish the rich,  NOT!