February 28th, 2011 
davidguide New York, NY, United States (AHN) – The U.S. stock market coasted to its third monthly gain on Monday with the three major indexes closing higher to end February on a positive note despite last week’s big decline caused by anxieties from the Middle East turmoil.
The Dow Jones Industrial Average gained 96 points or 0.8 percent to end at 12,226. For the month, the gain was 2.8 percent.
The Standard & Poor’s 500 Index rose 7 points or 0.5 percent to close at 1,327 and post a February gain of 3.2 percent.
The Nasdaq Composite Index did not move remaining at 2,782, still 3 percent up for the entire month.
For the first quarter, the three stocks indexes rose 5 percent.
Meanwhile, oil for April delivery was down 91 cents to $97 a barrel.
Gold futures for April delivery was up 60 cents to close at $1,410 per ounce.
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