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Business
See other Business Articles Title: Dow Tops 11,000 For First Time Since May
Source:
REUTERS
URL Source: http://www.reuters.com/article/idUSN0817772520101008
Published: Oct 8, 2010
Author: REUTERS
Post Date: 2010-10-08 13:22:44 by Brian S
Keywords: None
Views: 2532
Comments: 5
Oct 8 (Reuters) - The Dow Jones industrials crossed the 11,000 threshold for the first time since early May on Friday as U.S. stocks gained modestly on stronger resource and consumer shares. * The Dow Jones industrial average .DJI rose 58.88 points, or 0.54 percent, to 11,007.46. The Standard & Poor's 500 Index .SPX added 5.75 points, or 0.50 percent, to 1,163.81. The Nasdaq Composite Index .IXIC was up 8.80 points, or 0.37 percent, to 2,392.47. (Reporting by Leah Schnurr; editing by Jeffrey Benkoe)
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#1. To: Brian S (#0)
Undermines Owe-bama's 'fat cats on wall street' schtick however...which is also a good thing come to think of it.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
#2. To: Badeye (#1)
Its a good thing. Undermines Owe-bama's 'fat cats on wall street' schtick however...which is also a good thing come to think of it. Time for you to get back in Badeye - buy high, sell low!
Reality check - Government spending is down, the deficit is down, government employment is down, and private hiring is up.
#3. To: go65 (#2)
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
#4. To: Badeye (#3)
Sigh...I suppose you'll grow back up in about 90 days or so. You keep forgetting, given the prospects for GOP control of the Congress, I agree with you that things will get worse next year.
Reality check - Government spending is down, the deficit is down, government employment is down, and private hiring is up.
#5. To: go65 (#4)
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
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