Shares of network security provider Fortinet Inc soared Wednesday in their debut on the Nasdaq, in what is on track to be among the strongest debuts of any initial public offering in 2009.
The Dow topped 9,000 for the first time since January as investors shrugged off a rise in jobless claims and cheered earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
The Dow topped 9,000 for the first time since January as investors shrugged off a rise in jobless claims and cheered earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
Stocks rallied Thursday as investors shrugged off a rise in jobless claims and focused on encouraging earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
Friday, 5 Jun 2009 | Posted By:
Jeff Cox | Source: CNBC.com
Much better-than-expected jobs numbers drew little more than a collective yawn from Wall Street on Friday, and some market experts think that could actually be a good thing.
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