Stocks Cap Wild Year With a Slip
Stocks Cap Wild Year With a Slip
The Dow industrials sank 101.05 points, or 0.8%, to 13264.82 on the final day of trading for 2007, but major indexes ended the year in the black despite months of credit turmoil. The Dow rose 6.4%, the Nasdaq advanced 9.8% and the S&P 500 climbed 3.5%.
International fund managers put emerging markets in spotlight
SAN FRANCISCO (MarketWatch) -- International stock funds enjoyed a rising tide in the past 12 months that lifted most portfolios, and fund managers predict that 2008 will be the seventh consecutive year in which foreign-stock funds top their U.S. rivals. 
The Dow industrials sank 101.05 points, or 0.8%, to 13264.82 on the final day of trading for 2007, but major indexes ended the year in the black despite months of credit turmoil. The Dow rose 6.4%, the Nasdaq advanced 9.8% and the S&P 500 climbed 3.5%.
International fund managers put emerging markets in spotlight
SAN FRANCISCO (MarketWatch) -- International stock funds enjoyed a rising tide in the past 12 months that lifted most portfolios, and fund managers predict that 2008 will be the seventh consecutive year in which foreign-stock funds top their U.S. rivals.
posted by Tom at 3:30 PM
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