Summary Box: Dow Jones average just grazes 11,000

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Summary Box: Dow Jones average just grazes 11,000

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Monday, 12 April 2010 12:27

The good: The Commerce Department said wholesale inventories in February rose by 0.6 percent, while sales rose by 0.8 percent, both the expectations mentioned above. Rising commodity prices also gave stocks a boost.

Cut bad: Fitch religion of Greece, and a reminder that the country's financial crisis is not over yet.

Non-sulfur ugly: the Dow Jones industrial average briefly above 11,000 for the first time in 18 months. The major stock indexes rose for the sixth week in a row. The Dow Jones the past six weeks in a row win in April 2009.

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