clear
Tuesday May 5th, 2015 4:22PM

Shortened day, solid rise in stock prices

By The Associated Press
NEW YORK - Stocks rallied in an abbreviated session on Wall Street.

The Dow Jones industrial average shot up 172 points to 13,009. That's the first close above 13,000 for the Dow since Election Day.

The Standard & Poor's 500 index rose 18 points to 1,409. The S&P also racked up its biggest weekly point gain of the year. The Nasdaq composite index climbed 40 to 2,966.

Traders were encouraged by economic signals out of Germany and China. It's also the first day of the traditional holiday shopping season.

Trading on Wall Street was thin, about 1.4 billion shares, in a holiday-shortened session. Advancing stocks beat decliners 5-to-1.
© Copyright 2015 AccessNorthGa.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Doctors: Blood clot located in Clinton's head
Secretary of State Hillary Rodham Clinton developed a blood clot in her head but did not suffer a stroke or neurological damage, her doctors said Monday. They say they are confident that she will make a full recovery.
3:55PM ( 2 years ago )
Illinois Sen. Kirk to return a year after stroke
Nearly a year after a stroke left him barely able to move the left side of his body, U.S. Sen. Mark Kirk is expected to climb the 45 steps to the Senate's front door this week - a walk that's significant not just for Illinois' junior senator, but also for medical researchers and hundreds of thousands of stroke patients.
3:54PM ( 2 years ago )
U.S. News
Ga. ethics legislation could end free tickets
General Assembly approval next year of a proposed ethics reform measure could endanger an important fall tradition for Georgia lawmakers - free football tickets.
6:26PM ( 2 years ago )
Abortion restrictions, tax changes loom in Ga.
Tax breaks for manufacturers and higher unemployment taxes for employers take effect with the new year in Georgia, but it remains to be seen whether the state's newest abortion restrictions will be enforced.
6:23PM ( 2 years ago )
Business News
Couch names administrative team
Ahead of his scheduled swearing in Friday, Hall County Sheriff-elect Gerald Couch named his top administrative team Monday.
6:28PM ( 2 years ago )
Tech beats Southern California in Sun Bowl
Tevin Washington threw a touchdown pass and ran for another score to help Georgia Tech beat Southern California 21-7 on Monday in the Sun Bowl.
5:54PM ( 2 years ago )
Hall Co. officials launch health-based initiative for employees
Hall County officials believe healthy county employees will be of greater service to the county. With that in mind, they have created a health-based fitness initiative to provide free fitness training for county workers.
5:46PM ( 2 years ago )
Local/State News
Ted Cruz to keynote victory dinner at state GOP Convention
Texas senator and presidential candidate Ted Cruz will keynote the Victory Dinner at the 2015 Georgia Republican Party State Convention in Athens.
3:31PM ( 51 minutes ago )
Dump truck driver in serious condition after Gainesville wreck
A male dump truck driver is in serious condition after his truck overturned on Queen City Parkway Tuesday morning.
1:00PM ( 3 hours ago )
Bicyclist killed in Jackson Co. hit and run was local pastor
The bicyclist killed in a crash with a hit and run driver Monday has been identified as a Gainesville pastor.
12:11PM ( 4 hours ago )
One killed in morning rush hour crash on Hwy. 316
A traffic accident that blocked Georgia SR 316 for most of the morning rush hour Tuesday left one person dead, according to the Georgia State Patrol.
11:25AM ( 4 hours ago )
Virginia murder suspect caught in Toccoa
Police say the former son-in-law of a man found shot to death in Virginia has been charged with first-degree murder.
By Associated Press
10:51AM ( 5 hours ago )