Wednesday, April 25, 2007

Dow ends higher on IBM boost; Sun Micro off late

(Reuters) - The Dow Jones industrial average rose on Tuesday as IBM boosted its dividend by a third and as companies such as DuPont Co. posted strong earnings.

But the sharpest monthly drop in U.S. existing-home sales in 18 years weighed on the broader market and tempered the Dow's late surge toward the 13,000 milestone. The Dow hit an intraday record of 12,989.86, but pared gains in the last hour of trade.


Read more at Reuters Africa

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