6 April 2001, 09:37 Nasdaq closes up nearly 9%, Dow jumps over 400 points
New York, April 5 (BridgeNews) - The Nasdaq soared almost 9% and the
Dow industrials jumped 400 points after Dell Computer's (DELL)
reaffirmation of earnings guidance and a bullish analyst call on Yahoo!
(YHOO) ignited a buying frenzy. The Nasdaq ended up 146.33, or 8.93% - its
third biggest percentage gain on record - to 1785.13. The index fell
almost 11% over the last three days. The Dow was up 402.63 - its second
biggest point gain on record - or 4.23%, to 9918.05 and the S&P 500 was up
48.22, or 4.37%, to 1151.47.
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