x

News summary: Dow extends streak of advances

Print Page Updated: 09:03:10 PM, Tue 12 March 2013
ANOTHER GAIN: The Dow Jones industrial average eked out a small gain and advanced for an eighth straight day. That's the longest streak of gains for the index since February 2011.

DRUGS TEST: Merck pulled the Dow higher, advancing 3.2 percent to $45.04 after the drugmaker said a data safety monitoring board recommended that a study of its cholesterol drug Vytorin should continue.

PULLBACK COMING?: Many analysts predict that, after a big gain for stocks early in the year, there will be a pullback at some point. The Dow is up 10.3 percent in 2013 and the Standard & Poor's 500 index is 8.9 percent higher.

Tags: merck, edward jones, dow, dow jones & company, health, news summary, jones industrial average, stock market index, dow jones indexes, exchange-traded fund, charles dow, gain, gains, poor, study, drugs, percent, board, dow jones industrial average, analysts, stocks, index, advances, drugmaker, longest streak, dow jones transportation average, pullback, small gain, big gain, cholesterol drug vytorin, data safety monitoring

Close
Loading
Close
Contact Us
Send Feedback X