Stocks rose again last week, both in the Washington area and nationally, as investors took a bullish stance on the economy's prospects for 2005. The government reported several pieces of positive economic news Thursday, the last trading day of a short Christmas week, including better personal income and durable-goods sales.
The Dow Jones industrial average rose 1.7 percent to finish the week at 10,827.12. The Standard & Poor's 500-stock index rose 1.3 percent to close at 1,210.13. And the Nasdaq composite index, with a heavy concentration of technology stocks, was up 1.2 percent to close at 2,160.62
Locally, the Washington Post-Bloomberg regional stock index logged a more modest gain, rising 0.9 percent to close at 268.44.
-- Neil Irwin