U.S. stocks tally solid weekly gains; Dow ends above 9,000

Date: Fri, 02 Jan 2009 17:01:29 -0500

U.S. stocks tally solid weekly gains; Dow ends above 9,000

U.S. stocks surge -- with the Dow colsing atop 9,000 for the first
time in two months -- as investors begin 2009 by shaking off one of
the most bruising years on record.

ECONOMIC REPORT: U.S. MANUFACTURING DROPS TO 28-YEAR LOW IN DECEMBER

U.S. manufacturing contracts for a fifth straight month in December,
according to the Institute for Supply Management, as no manufacturing
category reports growth in the month.

WORLDWIDE SEMICONDUCTOR SALES FALL 9.8% IN NOVEMBER

Worldwide sales of semiconductors fall 9.8% to $20.8 billion, the
Semiconductor Industry Association.

RUSSIA'S GAZPROM ACCUSES UKRAINE OF 'STEALING' GAS: REPORTS

Russian state-controlled gas giant Gazprom accuses Ukraine of
"stealing" gas meant for other European customers, a day after Russia
cut off natural-gas supplies to its neighbor because of a dispute over
bills.

CURRENCIES: DOLLAR RISES AS POOR EUROPEAN DATA OFFSET WEAK ISM READING

The U.S. dollar gains Friday as traders return to their desks after
the New Year's holiday, but the greenback gives back some of those
gains after a surprise drop in a U.S. manufacturing survey.