Dow Jones Industrial Average (DJIA) Summary
Index Value: 11,734.32
Trade Time: August 08
Change: Up 302.89 (+2.65%)
Prev Close: 11,431.43
Open: 11,432.09
Day's Range: 11388.04 - 11759.96
WallStreet finished the week with another huge reversal. After dropping more than 200 points and closing near it low the previous day; the DJIA advanced more than 300 points and ended near its high. The big decline in World Oil prices (more tha $4) to near the $115 a barrel level had investors hoping for further drops in order to restrain inflation and boost prospect for profit growth.
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