The Dow climbed 5.8% today, closing at 6926.49, joined by gains in both the Nasdaq and S&P 500 markets. This is the biggest one day bounce in over three months. If you bought Citigroup (C) at yesterday’s close of $0.97, hurray for you – now go celebrate with a Twinkie or cup of Starbucks coffee [...]
Posts Tagged ‘Stock Market’
Market takes a bounce…hopefully off the bottom.
Posted in Economics, tagged Mark-to-market, Stock Market on March 10, 2009 | Leave a Comment »
Dow now 1/2 it’s peak value…
Posted in Economics, Obama, tagged Change, Obama, Stock Market on March 5, 2009 | Leave a Comment »
The Dow Jones Industrial Average just closed down 281 points today to a new low of 6594.44 (CNBC entry here). This is just about half it’s May 19, 2008 high of 13,136.39. This represents trillions of dollars that have been lost in the market (although I have no idea how to compute the exact value). [...]


