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Market Update : 
Nasdaq Closed Up 1.9%
Author: 123jump.com Staff
123jump.com
Last Update: 4:35 PM EST December 21 2007


U.S. stocks clsoed sharply higher on takeover deals of $10 billion earnings from RIM. Nasdaq led the three popular indexes with a rise of 1.9% followed by increases in S&P 500 of 1.7% and in Dow Jones of 1.6%. Tech stocks rose for the second day after Research in Motion reported 100% rise in sales and earnings. Gold jumped $12 and oil closed above $93 per barrel. Circuit City plunged 27% after reporting wider loss. walgreen surged 6% after reporting higher earning

 

 

 

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