Philip Chua Business Blog

Posts Tagged ‘Jones’

DO WE need a 'wall' on Wall Street? The question looms after traders' computers spiralled out of control and sent the Dow Jones Industrial Average into a nearly 1,000-point plunge last week. It appears that Wall Street is becoming less a place where businesses raise capital and more a traders' playground. Billion-dollar investors and their million-dollar computers are an expanding reality in sto... more

THE Dow Jones Industrial index saw its bull run of eight straight days of gains interrupted last Friday, and investors should not be surprised if traders hit the pause button on the rally a few days longer.
The coming week may just contain enough unsettling developments from Washington, DC and Europe in a week otherwise devoid of market-moving numbers.
‘A pause this week won’t surprise or distress… more

Stocks halted their steady climb Friday after renewed concerns about Greece’s ability to pay its debts left investors questioning a global economic recovery.







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

Stocks traded in a narrow range Friday, a day after the Dow Jones industrial average finished higher for an eighth straight day.







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

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