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21 Feb 2012 14:49

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Biz: Dow Jones Industrial Average reaches symbolic milestone

  • 13,000 points, the highest mark since 2008 source
  • » On May 20th, to be precise: The most successful private sectors early in 2012 have been finance and information technology, up nearly 13% when trading began today. The 13,000 figure is considered something of a benchmark for the Dow’s health, and while analysts are right to warn that the significance may be predominantly symbolic, the nature of investor confidence is such that a positive psychological message can itself be a big boon. The Dow crossed this threshold at a time when most attention was focused on Greece, which secured a second bailout from the Euro Zone as their fiscal crisis continued.

25 May 2010 10:01

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Biz: The stock market’s looking pretty cruddy in early trading

  • -2.6% the decline of the Dow Jones industrial this morning
  • -2.8% the decline of the S&P 500 in early trading this morning
  • -2.9% the decline of the NASDAQ; all have had cruddy months source

30 Oct 2009 21:18

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Biz: Despite touching 10,000 the Dow Jones was flat for the month

  • 9,712.28 the closing price on the Dow September 28; it’s had many ups and downs since then
  • 9712.73 the closing price on the Dow October 30; it hasn’t touched 10,000 since October 22 source