Dow Live Report week starts wednessday

Posted in After the Bell

The week starts with a sideways crawl as investors await a number of reports coming in starting this wednessday. My take on this is that they may be weaker than expected. Time will tell.
On another note, AIG pushed financial shares higher on having closed a deal to let MetLife Inc aquire Alico for 15.5 billion [...]

Asia down oil up and Bernanke in congress

The Dow and most markets have a faltering week as continued signals of recessive difficulties come to light. Tuesday saw Dow Jones Index be a bit stronger with a drop in barely 1 percent compared to S&P500 and Nasdaq stepping down around 1.3 percent.
Closing at 10.282 on Tuesday, The Dow remains close to the magic [...]

Dow Jones Industrial Average Sold to CME

Posted in News

Pressrelease from CME:
CME Group, the world’s leading and most diverse derivatives marketplace, and Dow Jones & Company today announced that they have signed a definitive agreement in which CME Group will take a 90 percent ownership interest and Dow Jones will take a 10 percent ownership interest in a new joint venture that will own [...]

Dow at 10000 is a 21 percent gain

After an early jump the Dow lingers along the 10000 mark. Coca Cola came through as expected with a strong performance in Asia. There is a lot of concern over the stock market performance for 2010 with essentially 2 camps promoting their view. The economy will either grow slowly, or the economy will not grow [...]

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