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[Commentary] The Dow Jones Industrial Average stumbled back below 10000 on Thursday, an unwelcome milestone as worries about the U.S. economy increase. The blue-chip index erased early gains to finish down 74.25 points, or 0.74%, at 9985.81.
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[Mylant's Money Blog] Dow Jones Industrials Daily Trade Signals - Mylant's Money Blog: We continue now in the same steady downward pattern we have been in for days. It appears the top of the middle Bollinger Bands are now the resistance point.
[Economy Blog] Economy Blog » Dow below 10000 -point mark dragged down by ...: Guess fell 4.09 U.S. dollars to 34.14 U.S. dollars , down 11% ; the company’s second- quarter profit increase of 12% , but only confirmed the expected performance of the current fiscal year , which disappointed the market .
[Notayesmanseconomics's Blog] UK economic growth figures surprise upwards but also show rising ...: However after an attempted rally the Dow Jones industrial Average closed down some 74 points at 9985 and so it even fell below the psychologically important ten thousand level. This does I suppose at least correlate with the day before when it rose on bad figures but still shows the unpredictability of markets in the short-term!
[Today's economy blog] Today's economy media pack - 2010.08.27 | Today's economy blog: “Indeed, while the Dow Jones Industrial Average has fallen 6% since Aug. 10, the day the U.S. Federal Reserve downgraded its outlook on the economy south of the border, the Smart Money Flow index, which calculates the performance of the .
[Kitsap Business and Economy] Kitsap Business and Economy » Blog Archive » Thursday stocks mixed: NEW YORK (AP) ” Major stock indexes turned mixed Thursday as a drop in new claims for unemployment benefits wasnt enough to resolve worries about the economy.
[Brian Plain's blog] Chances of a Double-Dip Recession Increase Dramatically in the ...: Chances of a Double-Dip Recession Increase Dramatically Upgraded Double Dip Recession Probability in the United States Probability of a US Double Increase 15% to 35%. "Dow Jones" Market Index Commentary, Trends, Charts, Analysis, Technical Analysis, Trend Analysis going back to 1987 stock market trends.
[JDFP Blog] JDFP Blog » Blog Archive » A double dip recession, fear and ...: Well the Dow Jones closed this morning below 10,000 and for those financial writers who focus more on grabbing readers attention rather than on facts, that can only mean one thing: the U.S economy is heading for a double dip recession! Of course the fact that the U.S economy is actually expanding, as are other major economies like China, Japan and Germany, appears irrelevant to many market commentators who seem intent on making investors fear that another economic crisis is at hand.
[Notayesmanseconomics's Blog] The US housing market and economy decline whilst Greece and ...: Either way even the Nikkei 225 which has been the worst performer recently of the main stock markets managed a 61 point rally to 8906 and European markets are following suit this morning too. Even the situation concerning the Yen has died down a little in the short-term with it retracing its steps to 107.7 against the Euro and 84.73 against the US dollar with fortunately (please see my updates on this subject over the past two days) no sign of exchange-rate intervention from the Bank of Japan.
[Shareswatch Australia Blog] A double dip recession, fear and keeping an open mind ...: Well the Dow Jones closed this morning below 10000 and for those financial writers who focus more on grabbing reader's attention rather than on facts, that can only mean one thing: the U.S economy is heading for a double dip recession!
[Market Update Blog RSS | MoneyWatch] Market Note: Dow Under 10000 On Growth Concerns - CBS MoneyWatch.com: After the GDP report, all eyes will be focused on Federal Reserve Chairman Ben Bernanke, who will deliver a speech at the Kansas City Fed’s annual symposium in Jackson Hole, WY. Investors will cling to any hint of new language or potential policy responses to the US economy’s sluggish performance.
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