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US Stock Indexes Close Sharply Higher  03/28 17:55

   U.S. stock indexes closed sharply higher Tuesday as investors welcomed a 
survey showing consumer confidence has climbed to the highest level in more 
than 16 years. 

   (AP) -- U.S. stock indexes closed sharply higher Tuesday as investors 
welcomed a survey showing consumer confidence has climbed to the highest level 
in more than 16 years. Bank stocks led the broad market rally, which snapped an 
eight-day losing streak for the Dow Jones industrial average.

   On Tuesday:

   The Dow gained 150.52 points, or 0.7 percent, to 20,701.50.

   The Standard & Poor's 500 index rose 16.98 points, or 0.7 percent, to 
2,358.57.

   The Nasdaq composite index added 34.77, or 0.6 percent, to 5,875.14.

   The Russell 2000 index of smaller-company stocks picked up 9.94 points, or 
0.7 percent, to 1,367.26.

   For the week:

   The Dow is up 104.78 points, or 0.5 percent.

   The S&P 500 is up 14.59 points, or 0.6 percent.

   The Nasdaq is up 46.40 points, or 0.8 percent.

   The Russell 2000 is up 12.62 points, or 0.9 percent.

   For the year:

   The Dow is up 938.90 points, or 4.8 percent.

   The S&P 500 is up 119.74 points, or 5.4 percent.

   The Nasdaq is up 492.02 points, or 9.1 percent.

   The Russell 2000 is up 10.13 points, or 0.8 percent.


(KA)

 
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