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Monday, April 12, 2010

DJIA 11,000: No Bull?

US STOCKS SNAPSHOT-Dow Closes Above 11,000 On Earnings Optimism

Mon Apr 12, 2010 4:06pm EDT NEW YORK, April 12 (Reuters) - The Dow industrials closed above 11,000 for the first time in almost 19 months on Monday as expectations of solid first-quarter earnings spurred buying in the financial, energy and industrial sectors.
Historically, the market has been a leading indicator of future economic growth or contraction. Probably, history is repeating itself. Sorry for all who got out when the DJIA was in the 6,000's.

To read the whole article, click on the blog post title or copy and paste this: http://www.reuters.com/article/idUSN1220382820100412?feedType=RSS&feedName=mergersNews&rpc=22&sp=true

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