Philip Chua Business Blog

Posts Tagged ‘dow jones industrial average’

The Dow Jones industrial average jumped back above 10,000 on hope that the European Union will help Greece manage its growing debt burden.







European Union – Government – Multilateral – Business – Greece

The Dow Jones industrial average had its first triple-digit drop of 2010 as mounting losses from loans at JPMorgan Chase & Co. sent investors rushing from stocks.







Business – Industrial production – Economy – Government – Investing

A 70-POINT rise in the December futures contract on the Dow Jones Industrial Average, a 1.7 per cent rise in Hong Kong’s Hang Seng index and a firm opening Europe-wide yesterday led traders here to bet heavily on Wall Street opening the week with a bang. The subsequent buying targeted mainly banks and propelled the Straits Times Index up 56.62 points to 2,783.85 in moderate volume of 1.85 billion … more

AP – The Dow Jones industrial average is back above 10,000 for the first time in a year.

When the Dow Jones industrial average first passed 10,000, traders tossed commemorative caps and uncorked champagne. This time around, the feeling was more like relief.

It’s not a foregone conclusion, but, if all goes right for stock investors, the Dow Jones industrial average could surpass the 10,000 mark soon.

A year ago this weekend, the Dow Jones industrial average had just finished a slow-motion crash. Over eight days, it fell 2,400 points, or 22 percent, and stood at 8,451.

Reuters – U.S. stocks are expected to trade higher on Tuesday as the futures for the Dow Jones industrial average, S&P 500 and Nasdaq Composite were up 0.2 to 0.3 percent at 4.18 a.m. ET.

ASIAN stock markets were in the red yesterday as investors doubted whether equities would be able to continue their incredible bull run for much longer.

Even a better-than-expected United States housing market report and small gains on Wall Street – the Dow Jones Industrial Average added 0.36 per cent to reach its highest level since November – failed to inspire much buying here.

The benchmark… more

AFTER gaining some 382 points in the four weeks since it closed at 2,299 on July 3, the Straits Times Index yesterday dropped 32.88 points to 2,648.76, perhaps its first significant correction during this period. A reversal in Hong Kong and a 50-points slide into negative territory for the September futures on the Dow Jones Industrial Average suggested that the selling was largely in anticipation … more