Gary Poster, with essential assists from Galyn Norwood, Phiroon Phihakendr, Jose Quijada, Pavandeep Kalra.
Financial stocks win.
Christie's opts out of online auction wars. After sitting on the sidelines for the past two weeks while the Nasdaq knew nothing but up, the Dow had a day of its own, closing up 173.71 to 10,770. Two things were in the Dow's favor. First, key economic data released today suggests that America is still winning the fight against inflation. Secondly, President Clinton official repeal of the Glass-Steagall Act this afternoon put some air in the financial services sector, which helped drive the Dow up.