Stock Indexes Strike Multiyear Highs As Volume Surges
Posted on March 05, 2013 at 16:27 PM EST
Stock indexes forged ahead to multiyear highs Tuesday on an upbeat business survey and optimism that the Federal Reserve will maintain low interest rates. The Nasdaq shot up 1.3% to its highest since November 2000. The S&P 500 climbed 1% to its highest since November 2007. The Dow Jones industrial average leapt 0.9% to its highest since the dawn of time. Volume climbed 11% on the Nasdaq and 8% on the NYSE, according to preliminary data. The ISM