Stock Market Today Hits Multiyear Highs, But Volume Lags
The broad indexes scored new multiyear highs Thursday, aided by several upbeat economic reports, although volume backed off from its recent torrid pace. The Dow Jones industrial average rose 0.4%, with some help from Bank of America's (BAC) 5% gain. The Nasdaq added 0.5% and the S&P 500 rose 0.6%, topping the 1400 mark for the first time since June 2008. Initial jobless claims fell by 14,000 to 351,000 in the week through March 10, the government
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