April 18, 2007

the S&P 500 rose 0.1% to close at 1,472

1 news clip from this day

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Dow closes record 12,083 on JPMorgan, Intel; BlackBerry outage ends

CBS News

Transcript

[Music] Blackberry addicts are getting some relief service is improving after an outage Tuesday evening left millions of users without access to their emails on the popular wireless device Blackberry maker Research In Motion says service has been restored for most users but says it is still reviewing the cause of the problem it was one for the history books on Wall Street the DOW Industrials closed at a new record high thanks to strong earnings from JP Morgan Chase and Intel but disappointing profit news from companies including Yahoo put pressure on the tech heavy NASDAQ in the end the Dow Rose nearly 31 points to a record 12,083 the NASDAQ lost six points home foreclosures Rose 7% in March to nearly 150,000 that's about 50% higher than a year ago the increase shows the struggle sub crime borrowers are going through to keep their homes at the same time Federal Bank Regulators are calling on lenders to work with borrowers who are unable to make their mortgage payments that's your money watch log on to cbsnews.com for more business headlines in New York I'm Alexis christofis