Navigation

Prev Story | Next Story

  • Dow Rallies to Highest Level Since 2007 on Manufacturing

    From bloomberg.com

    Read Full Story at bloomberg.com

    U.S. stocks advanced, sending the Dow Jones Industrial Average to the highest level since December 2007, after a better-than-estimated manufacturing report bolstered investors’ optimism in the world’s largest economy. JPMorgan Chase & Co. (JPM), Intel Corp. (INTC) and Alcoa Inc. climbed at least 1.8 percent to pace rallies among the biggest companies. The Dow Jones Transportation Average, a proxy for economic growth, increased 1.1 percent. Sears Holdings Corp. (SHLD) soared 15 percent as it forecast a profit after selling some stores in the U.S. and Canada. Stocks pared gains after Apple Inc., the ... (full story)

    • Guest

      IP XXX.XXX.159.53
    • Housing market crisis? Subprime crisis in 2008 solved in less than 5 yrs . Amazing ! Look at IYR. Dow will reach 15,000 by end of the year. Make your bets.

    • atef4661

      5 posts
    • i doubt, I think we are going to face strong recession and we will see dow @ 11000 before end of may 2012

Top of Page

  • Story Stats

  • Posted: May 1, 2012 5:20pm

    Submitted by: FF News

    Category: Fundamental Analysis

  • 855 Views

  • 2 Comments

    Guest, atef4661