INTERNET STOCKS HELP SEND DOW AVERAGE SOARING.Byline: Daily News Staff and Wire Services U.S. stocks rose Friday, with the Dow Jones industrial average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. completing its best six weeks since 1982, on expectations that lower interest rates around the world will fuel corporate profits. Technology stocks were mostly higher with Internet issues continuing their dizzying rally. Analysts had thought that the expiration of options Friday would result in the unwinding of some positions, thus paring gains, but that proved not to be the case. Nevertheless, analysts are skeptical that the strong gains in the sector can be sustained in the coming sessions. ``This is irrational activity,'' said Jim Herrick Jim Herrick (1944 - ) is a Humanist and secularist of the United Kingdom. He studied history and English literature at Trinity College, Cambridge University, and then worked as a school teacher for seven years. , managing director of trading at Robert W. Baird Robert Wilson Baird (born April 1, 1883) helped found the financial services firm that bears his name and led it for more than 40 years. Baird’s father was a professor of Greek literature at Northwestern University in Evanston, Illinois, where Baird grew up. and Co., adding that it is hard to justify the valuations on some of the Internet issues. Amazon.com, the online bookseller, soared $27.375 to $180.625 after announcing a 3-for-1 stock split. Amazon.com shares quadrupled this year on optimism that the top online bookseller also will dominate in other categories such as music and videos. Yahoo! ended the day up $5.125 at $191 despite being downgraded by J.P. Morgan on Friday morning to buy from long-term buy. Netscape Communications also ended higher, up $2.625 at $39.1875. But Internet companies aren't the only ones riding high. Since Oct. 8, General Motors Corp. and American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. Co. are up 44 percent, leading the Dow's gainers. Advanced Micro Devices Inc. rose 96 percent in that period, and Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:
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