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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (56950)12/5/2001 12:02:37 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Wall Street Update
By Lisa Singhania
AP Business Writer
Tuesday, December 4, 2001, 6:29 p.m. EST

financial.washingtonpost.com

NEW YORK (AP) -- Strength in the technology sector sent stocks soaring Tuesday in a rally that gave investors hope the market's post-Sept. 11 advance still has momentum.

The Dow Jones industrials scored a triple-digit advance as buying gained intensity late in the session. But analysts doubted that the market was beginning another extended run upward, noting that there are still few signs that business and the economy are improving.

The Dow closed up 129.88, or 1.3 percent, at 9,893.84, recovering all of a 87.60 loss the previous session. It was the index's biggest advance in three weeks.