- The Washington Times - Friday, March 13, 2009

A comeback in bank shares handed the stock market its best week since November as fears eased that major financial institutions would collapse or require additional government lifelines. Market veterans were quick to rein in hopes that the market would chart an uninterrupted recovery but many still saw the four straight days of gains a good sign.

The Dow Jones industrial average rose 53.92, or 0.8 percent, to 7,223.98.

The Standard & Poor’s 500 index rose 5.81, or 0.8 percent, to 756.55.

The Nasdaq composite index rose 5.40, or 0.4 percent, to 1,431.50.

For the week:

The Dow is up 597.04, or 9.0 percent.

The S&P; is up 73.17, or 10.7 percent.

The Nasdaq is up 137.65, or 10.6 percent.

For the year:

The Dow is down 1,552.41, or 17.7 percent.

The S&P; is down 146.70, or 16.2 percent.

The Nasdaq is down 145.53, or 9.2 percent.

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