Monday, August 19, 2019
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CNN/MoneyWeb Home Markets & Stocks ADRs AM Market Call Bonds & Rates Commodities Currencies Dow 30 Earnings Earnings Warnings Hot Stocks Investor Research Center IPO Center Most Active Stocks PM Market Call U.S. Stocks Wall Street Research Widely Helds World Markets Track Your Stocks Real Time Quotes Company News Economy World Biz Technology Commentary Personal Finance Mutual Funds Money Magazine Money 101 Portfolio Calculators Real-time Quotes CNN/Money Email newsletters Mobile news Money archives Buy story reprints CNNfn on TV | Web video Buy show videos SPECIAL OFFER --AAABAEAKALAPARASAZBCCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMBMDMEMIMNMOMPMSMTNBNCNDNENFNHNJNMNVNSNTNYONOHOKORPAPEPRQCRISCSDSKTNTXUTVAVIVTWAWIWVWYYT Please do not contact me via e-mail with offers from Time Inc, and CNN/Money Get 11 more issues, totaling 12 for $19.95, if you like MONEY. Or cancel and owe nothing MONEY is published monthly, except for two issues combined periodically into one and occasional extra, expanded, or premium issues. Combined, expanded, and premium issues count as two subscription issues. Rate good in U.S. only. In Canada, 12 issues/$37.00, not including GST, HST, and QST. Subscribers: If the Post Office alerts us that your magazine is undeliverable, we have no further obligation unless we receive a corrected address within two years. To read our Privacy Policy, go to http://money.cnn.com/services/privacy/ I agree to the offer details above. 12 issues for $19.95. Privacy Policy Markets & Stocks Stocks rally on optimism Investors encouraged by some positive earnings reports as economy at home takes center stage. April 14, 2003: 1:38 PM EDT By Meghan Collins and Malina Poshtova Zang, CNN/Money Staff Writers NEW YORK (CNN/Money) - Stocks rallied into early afternoon trading Monday as investors saw some hope for corporate growth and the economy after a few positive profit reports. Shortly after 1:30 a.m. ET the Dow Jones industrial average (up 105.32 to 8308.73, Charts), the Nasdaq composite (up 19.98 to 1378.83, Charts) and the S&P 500 index (up 11.60 to 879.90, Charts) all rallied to gains of more than 1 percent. Only two of the 30 Dow stocks traded lower. "I think there's a little bit of optimism here today -- you can take one eye off Iraq and start to focus more on the economy and earnings," said James Park, senior trader at Brean Murray & Co. With the war in Iraq de facto over, investors increasingly shifted their focus to matters at home, top of which were the state of the U.S. economy and corporate bottom lines. This week marks the first of the two biggest weeks for posting first-quarter results -- and the first earnings news that came Monday appeared encouraging.
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