Lower long-term interest rates, predictions of a continued strong dollar, and IBM's copper-chip announcement combined to give markets a boost to start the week. After poking its head above 8000 briefly, the Dow closed up 80.55 at 7996.83; the Nasdaq rose 9.09, to 1689.45. IBM climbed US$4.63 to $103.88.
Big Gains on Wall Street
Lower long-term interest rates, predictions of a continued strong dollar, and IBM's copper-chip announcement combined to give markets a boost to start the week. After poking its head above 8000 briefly, the Dow closed up 80.55 at 7996.83; the Nasdaq rose 9.09, to 1689.45. IBM climbed US$4.63 to $103.88.
