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Summary Box: Stocks rally to highest this year

February 16, 2012 RSS Feed Print

By The Associated Press, Associated Press

HIGHS ALL AROUND: The Dow Jones industrial average, the Standard & Poor's 500 and the Nasdaq composite all notched their highest closes for the year so far, lifted by slivers of good news about the U.S. jobs market and housing.

NEARING 13,000: The Dow rose 123.13 points to close at 12,904.08, its highest close since May 19, 2008 — four months before the financial crisis imploded.

IN A JAM: Shares of J.M. Smucker fell 8 percent. The company, maker of Jif peanut butter, Folgers coffee and Crisco shortening, said it lost sales volume after raising prices.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Associated Press

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