Remember this? Stocks surge at approach of war with Iraq
Jan 29, 2016 14:43:29 GMT
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Post by ck4829 on Jan 29, 2016 14:43:29 GMT
Stock prices soared yesterday, as war with Iraq appeared imminent rather than uncertain and investors gained confidence that a U.S.-led invasion would be short and successful.
The Dow Jones industrial average, an index of 30 blue-chip stocks, jumped 282.21 points, or 3.59 percent, to 8,141.92 Every member of the 30-stock average rose except Altria Group Inc.
In the past four trading days, the Dow has gained 617.86 points, enabling it to close above 8,000 yesterday for the first time since Feb. 21. Yesterday's gain was the indicator's biggest since Oct. 15, when it soared 378.28 to 8,255.68.
articles.baltimoresun.com/2003-03-18/business/0303180326_1_war-with-iraq-investors-toll
Dow isn't a very good predictor of the future it seems.
The Dow Jones industrial average, an index of 30 blue-chip stocks, jumped 282.21 points, or 3.59 percent, to 8,141.92 Every member of the 30-stock average rose except Altria Group Inc.
In the past four trading days, the Dow has gained 617.86 points, enabling it to close above 8,000 yesterday for the first time since Feb. 21. Yesterday's gain was the indicator's biggest since Oct. 15, when it soared 378.28 to 8,255.68.
articles.baltimoresun.com/2003-03-18/business/0303180326_1_war-with-iraq-investors-toll
Dow isn't a very good predictor of the future it seems.