AP - The Dow Jones industrial average is back above 10,000 for the first time in a year.
The Dow crossed five figures Wednesday seven months after it hit a 12-year low of 6,547.05 on March 9. The comeback by the stock market's best-known indicator is the most visible sign yet that investors believe the economy is recovering from the financial crisis and recession.
Dow closes above 11,000 for first time since May (AP)
AP - The Dow Jones industrial average is closing above 11,000 for the first time in five months as hopes build that the Federal Reserve will take more action to get the economy going again.
European debt deal lifts Dow by almost 340 points (AP)
AP - An agreement to contain the European debt crisis electrified the stock market Thursday, driving the Dow Jones Industrial average up nearly 340 points and putting the Standard & Poor's...
U.S. Stocks Fall On Downgrade Of U.S. Credit
U.S. markets have opened for the first time since Standard and Poor's downgraded the nation's credit rating. The Dow Jones industrial average fell more than 250 points minutes after the...
Job Losses Slow To 345,000 In May
Some mildly encouraging news after months of 600K+ job loss. Still, the unemployment rate is now at 9.4%, but underemployment almost has to be at 16% this month since it was 15.6% last month....
GM Files for Bankruptcy
All the kings horses and all the bond deals couldn’t keep GM from cracking. As feared, the car giant has filed for bankruptcy. Now what? The plan is for the federal government to take a 60...
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