DOW JONES: Back to 10K and rising

[Longhorn85]

http://biz.yahoo.com/cbsm-top/041027/0a7d4d64abde0e839622dcbf77e9b434_1.html


...and not a moment too soon.



NEW YORK (CBS.MW) - Blue chips logged their second day of triple-digit gains Wednesday and the Nasdaq surged as a sharp decline in crude-oil prices below $53 a barrel sparked a wave of buying on Wall Street.
ADVERTISEMENT


Strategists also believe markets may be rising as investors realize the presidential election is right around the corner, which will end one of the "uncertainties" that has kept many on the sidelines

 

[Devastation]

good news indeed

 

[jb160]

bout damn time I will be glad when these elections are over.

 

[Longhorn85]

...and the economy continues to grow. This is good news for all.


http://biz.yahoo.com/ap/041027/economy_8.html


WASHINGTON (AP) -- The U.S. economy continued to grow in September and early October despite being buffeted by rising energy costs and increased uncertainty caused by the presidential campaign, the Federal Reserve said Wednesday, in its last snapshot of business conditions before Election Day.

 

[75th]

Im glad the DOW finally got back to the point it had reached back in March of '99.

 

[Longhorn85]

The cup is at least half-full, and getting more full all the time.

 

[Forge]

Im glad the DOW finally got back to the point it had reached back in March of '99.

The difference is that there are alot more factors against the economy today compared to March of '99. It's good the economy is showing signs of growing again but we are in a much more fragile state than we were before. I just hope the bubble doesn't burst again.

 

[Olsen Twins Banger]

Im glad the DOW finally got back to the point it had reached back in March of '99.

yeah no shit, only took 4 years