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Article: FirstAlert(tm) Daily 10/15: The 10s Have It.
- Article from:
- Investrend
- Article date:
- October 15, 2009
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Oct 15, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/10/15/firstalerttm-daily-1015-the-10s-have-it/)
- Commentary -
October 15, 2009 (FinancialWire) -- The Dow closed above 10,000 on Wednesday after a year that saw investors scrambling between the bar and the vomitorium. Stocks rallied on better-than-expected news from JPMorgan Chase (NYSE: JPM) and Intel (NASDAQ: INTC). It might even look like a V-shaped recovery if the unemployment rate would stay under 10%.
On Wednesday, the Dow Jones industrial average closed at 10,015.86, up by 144.80 points, while the Standard & Poor's 500-stock index ...