Dec. 17, 2010 at 6:19 a.m.
Filed under:
Economy,
Exchanges,
Stock activity
By Associated Press
Could the Dow set a record high next year? That question would have seemed crazy early last year when fear and panic enveloped the stock market and the Dow Jones industrial average plunged to 6,547 on March 9. Many investors thought it would take a decade or longer to get back to the record of 14,165, set on Oct. 9, 2007.
Now we could be on the verge. The Dow has soared 76 percent the past 21 months, and it would have to climb just 23 percent from Thursday’s close of 11,499 to set a record.
That’s a big jump, but the Dow has risen 23 percent or more six times since 1985, or roughly 1 in 4 years. Many analysts don’t expect quite that strong a run in 2011, but they agree conditions are in place for the rally to continue. Get the full story »
Nov. 18, 2010 at 3:08 p.m.
Filed under:
Airplanes,
Stock activity
By Reuters
A seventh delay for the long-awaited Boeing Co 787 Dreamliner is all but assured, and the negative sentiment is priced into shares, analysts said Thursday.
Shares of Boeing, a component of the Dow Jones Industrial Average, were up 3.4 percent Thursday — partly erasing losses since an electrical fire last week forced it to halt Dreamliner test flights — but the stock was still down more than 6 percent since the Nov. 9 incident. Get the full story »
Aug. 13, 2010 at 8:50 a.m.
Filed under:
Investing,
Retirement,
Stock activity
By MarksJarvis on Money
The brief honeymoon with stocks has come to another abrupt halt as investors once again have decided to flee from risk. Treasury bonds are a favorite security blanket again even though they are promising very little to investors locking up their money for as much as 10 years.
As nervous people have flooded bonds with money, yields have dropped to just 2.7 percent. Meanwhile, the Dow Jones Industrial average has fallen 320 points in two days as the Federal Reserve has spooked investors with deflation talk and as more people have filed for unemployment benefits. See where the full stock market has taken investors since happy days faded in 2007.
June 29, 2010 at 3:14 p.m.
Filed under:
Economy,
International
By Associated Press
Stocks and interest rates tumbled Tuesday after signs of slowing economies from China to the U.S. spooked traders who were already uneasy about a global recovery. The Dow Jones industrial average fell about 320 points in late afternoon and dropped below 10,000 for the first time since June 10. The Dow and broader indexes fell more than 3 percent.
