While you were sleeping: Records fall on Wall Street

While you were sleeping: Records fall on Wall Street
By Margreet Dietz March 3 (BusinessDesk) - Wall Street rose, with the Dow touching a record high and the Nasdaq climbing above 5,000 for the first time in fifteen years amid optimism about the outlook for the US economy and corporate profits.  In afternoon trading on Wall Street, the Dow Jones Industrial Average gained 0.56 percent, the Standard & Poor’s 500 Index rose 0.26 percent, while the Nasdaq Composite Index advanced 0.49 percent. Earlier in the day, the Dow touched a record-high 18,260.31, while the Nasdaq reached 5,001.29. Gai...