The Commerce Department confirmed Tuesday that the country's gross domestic product grew at 8.2% for the third quarter, which is the highest bump in GDP since 1983. The department also reported that incomes rose .5% and that consumer spending rose .4% last month.
Our InformationWeek 100 rose 1.1%, or 3.25 points, to rest at 311.23. The Nasdaq Composite Index rose 1%, or 18.98 points, to 1,974.78. The S&P 500 index rose 3.1%, or 3.08 points, to 1,096.02. On the lackluster side, the Dow Jones Industrials Average ended .03%, 3.26 points higher, closing at 10,341.26. The Dow's still up more than 19% this year, its highest level since May 2002.
The Nasdaq-100 tracking stock closed up .4%, or 35 cents, to $35.57, on light volume of 66 million shares.