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Sunday, October 23, 2016

Dow Tops 18,000 For First Time On Strong U.S. Growth

Dow Tops 18,000 For First Time On Strong U.S. Growth

New York (AFP) – The Dow stock index topped 18,000 for the first time on Tuesday, rising in the opening moments of trade following a strong report on U.S. economic growth.

Shortly after the market’s 1430 GMT open, the Dow stood at 18,008.57, up 49.13 points (0.27 percent).

The S&P 500 gained 6.26 (0.30 percent) to 2,084.80, while the tech-rich Nasdaq Composite Index added 10.48 (0.22 percent) at 4,791.90.

AFP Photo/Spencer Platt

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  • Dominick Vila

    Not true cry the Tea Party gang. Corporations are not profiting, dividends are not exceeding shareholder expectations, bankruptcies and foreclosures are not down to normal levels, unemployment is not going down, the “Hiring” signs we all see everywhere are just a chimera, and consumer confidence and spending are not up, claim those who look at records and the future through the narrow prism of socialism, communism, all the other isms, with a heavy those of allegations of tyranny, ruthless regimes, and the virtual demise of the American people. Alas, by the time they finish the only thing left for us to do is to walk out of our abodes and help pick up the corpses of all the victims of an out of control Empire!
    I wish everyone in the National Memo, including the Republicans that post in this forum, a Merry Christmas and a wonderful 2015.