The following article originally appeared on RobertReich.org.
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Tag Archives: Dow Jones
Stock Markets Soar to nearly Three Year High
WASHINGTON – Stock markets in the United States ended the week (markets are closed April 22 in observance of Good Friday) near a 3-year high as they continued a climb begun nearly two full years ago.
Voters Driven Toward Republicans
WASHINGTON – Most Americans misunderstand the way government actually works in Washington. They blame the White House for every defeat and trumpet it for every victory. In this vein “swing voters” have moved over to the GOP just in time for the November elections. They believe that the Democrats and President Obama are not doing enough to save the economy. This completely ignores the fact that the Republicans are doing everything in their power to clog the political machine.
Stocks Head for Gains, Chinese Manufacturing Grows
WASHINGTON – Wall Street suffered a bit of a setback during the trading session yesterday. Despite a bit of a roller coaster during the day, the Dow Jones and S&P 500 were still able to post their best September performance since 1939. Nonetheless, the Dow still did drop 0.44 percent (47.23 points) on the day, followed by a 0.33 percent (7.94 points) fall on the NASDAQ and a 0.31 percent (3.53 points) drop on the S&P.
House on Verge of approving Chinese Yuan Currency Bill
WASHINGTON – Wall Street edged forward during trading yesterday with each of the three major composites posting gains of nearly half a percent. This came despite a report showing consumer confidence at its lowest point in seven months. The S&P 500 led the charge with a 0.49 percent (5.54 points) gain, followed closely by the Dow Jones (0.43 percent, 46.10 points) and NASDAQ (0.41 percent, 9.82 points).
