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/ 94.75.121.* / 2010-04-14 18:48
Stocks rally on JPMorgan, retail sales
By Julianne Pepitone, staff reporterApril 14, 2010: 12:18 PM ET
NEW YORK (CNNMoney.com) -- Stocks rallied Wednesday, with the Dow industrials rising above 11,000 for the fourth straight session, after JPMorgan Chase and Intel posted strong quarterly results and a report on retail sales came in better than forecast.
The Dow Jones industrial average (INDU) surged 49 points, or 0.4%, about 3 hours into the session.
The S&P 500 index (SPX) gained 7 points, or 0.6%, to 1,205.28, marking the first time the index rose above the 1,200 mark in almost 19 months.
(Indeks S&P wyszedl ponad 1200 pkt po raz pierwszy od 19 miesiecy )