September 28, 2006
A FINANCE QUESTION:
Dow Ends Up 29 After Reaching Milestone (Ellen Simon, 9/28/06, AP)
The Dow Jones industrial average reached a milestone Thursday in Wall Street's nearly seven-year recovery from corporate upheaval, economic recession and terrorism, briefly trading above its record high close of 11,722.98 set on Jan. 14, 2000.
Do you still call it "Black October" if it's only bad economic news for Democrats? Posted by Orrin Judd at September 28, 2006 7:09 PM
Comments
Ain't October yet. The Dems have until Oct. 29.
Posted by: ic at September 28, 2006 7:33 PMIC - true. But it would take a large unexpected negative event to push the Dow and other stock indices away from their highs before the election.
Posted by: AWW at September 28, 2006 8:37 PMJust in the interest of accuracy: the Dow is near a new high. The Nasdaq and S&P 500 (and the Russell 2000, for that matter) not so much.
Posted by: HT at September 28, 2006 9:41 PM"Dire days will come again, my friends. Arrrrrrrrrrrrroooooooooooooooooooooooooowwwwwwwwwwwwwwwwwwwwwwhhhhhhhhhhhhhhhhhhhhhhhhhhaaaaaaaaaaaaaaaaaa!"
Posted by: Dr.Dean at September 28, 2006 10:16 PMHT:
The frothy days of the NASDAQ are long gone. Terry MacAuliffe and the new money crowd left years ago. If the economy remains vigorous through 2009, the NASDAQ would be lucky to exceed 3000.
Posted by: ratbert at September 29, 2006 8:16 AM