Stock markets- Dow Jones slumps after surge

One of our tweets yesterday on Independence Day was a question: “Weak Asia and Europe markets showing the trend of the week?”. On opening today the “rally!” tweets were rampant, both from less and more known instititutions. Needless to say, what is true one hour may not be so the next.
At Dow Live Report our [...]

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Standard & Poor grades Greek economy as junk

Posted in News

In another blow to the European recovery, Standard & Poor has now downgraded Greece to a junk nation. While this may not come as a surprise, the effect may become bigger than expected.
Greece has severely harmed the EU recovery and in a way also the EU formula. In breaking the rules and misleading their fellow [...]

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New toxic cloud as volcano eruption strengthens

Posted in News

Right when it seemed like the Icelandic Eyjafjallajokull volcano was calming down, a strengthening eruption spews new toxic ash vlouds drifting rapidly towards UK and Europe. Airlines are still grounded and the economic impact on European, and indirectly global, economy will worsen considerably as stockpiles dwindle and business in general is affected. The economic impact [...]

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Dow Jones historic 10000 repetition

Posted in Dow Jones History

Dow Jones Live report. If the Dow conquers 10000 we will have broken a important psychological breakpoint. The first time the Dow closed over 10000 was March 29, 1999 during the Clinton bull period.
The next major Dow Jones 10000+ close was December 31, 2003 at 10453. 10000 is a bigger milestone than any other level.

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