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Despite economic turmoils US market ends Year 2007 with moderate gain.

Washington Post reports that US market showed strong resilience in the face of worsening credit crunch and concerns about an possible economic slowdown.
Despite all such events on the last day of 2007 Wall Street, the Dow Jones industrial average of 30 blue-chip stocks stood at 13,264.82, up 6.4 percent for the year. The broader Standard & Poor's 500-stock index closed at 1468.36, up 3.5 percent for the year. The tech-heavy Nasdaq fared best, finishing at 2652.28, up 9.8 percent. Read in detail
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