Fastener Winners Amid Record Dow Surge – Global Fastener News – USA

Article by · 2013/03/11 ·

The Dow Jones Industrial Average hit a record last week, breaking a barrier it had not surpassed since October 2007.
On Friday the Dow closed at 14,397.07, capping a week of positive financial news that included Labor Department figures on stronger-than-expected job growth in February, the Associated Press reports.

For the year the Dow is up 9.9%, the Standard & Poor’s 500 has risen 8.8% and the Nasdaq composite has gained 7.5%.

Fastener stocks have gained from the market surge, though less than other indices.

The FIN Fastener Stock Index has gained 8% in 2013, down from the 12.3% the FINdex gained in the opening quarter of 2012. (…)dow jones

via Fastener Winners Amid Record Dow Surge – Global Fastener News – USA.