NEW YORK: INVESTORS face US and European central bank meetings this week hoping to see fresh action to spur economies damaged by the eurozone sovereign debt crisis.
Over the week, the Dow Jones Industrial Average gained 1.97%, finishing above 13,000 points for the first time since early May. The blue-chip index of 30 stocks finished last Friday at 13,075.66, the highest close since May 4, and the second day of triple-digit gains. The tech-rich Nasdaq advanced 1.12%, to 2,958.09 points.
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