Philip Chua Business Blog

Posts Tagged ‘dow jones’

GREECE’S debt crisis rattled investors again yesterday and sent markets south despite overnight gains on Wall Street.
Reassurance from Federal Reserve chairman Ben Bernanke that interest rates would stay low for some time pleased investors, who sent the Dow Jones up 91.75 points, or 0.89 per cent.
But concerns over the weak United States job market and poor housing sales data outweighed the promis… more

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

IF YOU are betting on the local market today, chances are you will be leaning towards the bears.
After all, with a negative Friday close on Wall Street, a market holiday today in the US and lingering concerns over an overheating property market in China, there seems little reason to hope for a positive session here, or across the region.

The Dow Jones tumbled 100.9 points to 10,609.65 last Frida… more

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

Stocks ended marginally higher Wednesday as rising commodity prices offset losses that followed a disappointing report on housing.







Business – Investing – Dow Jones Industrial Average – Stocks and Bonds – Stock market

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

With a close over 10,220 on Nov. 9, the Dow Jones had its best showing of 2009.







Stock market – Dow Jones & Company – Business – Investing – Stocks and Bonds

JUST as the mood was getting positively giddy on Wall Street, what with the Dow Jones Industrials sitting tall atop the 10,000 mark for the first time in a year, investors were reminded on Friday that the stock market’s extreme sensitivity to earnings results in these early days of economic recovery could derail the bullish case for buying stocks just as easily as it can support it.
The parade of … 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.