Word: dow
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...trend is down. "People haven't made money in the market for four or five months," says TIME's Wall Street columnist Daniel Kadlec. "The average stock is down 25 percent since the year's high. Smaller stocks are down 40 percent. This is a real correction, whether the Dow trips 10 percent...
...YORK: Are we correcting yet? The markets picked up Wednesday where they left off: With volatile trading and wild fluctuations. The Dow plunged and rose more times than Greg Louganis; it ended up nearly 60 points. Either investors had taken the symbolic presence of a lion at the opening bell to heart, or there was a whole lot of bargain-hunting going...
...error occurred while processing this directive] Inexplicably, it was the most inflated stock of all -- Internet companies -- that bucked the trend Tuesday. In the face of a 300-point Dow plunge, Amazon.com and AOL managed to close with small gains. "You would expect the mania-type stocks to be hardest hit," says Kadlec, "but there's still a lot of high expectations surrounding the Internet." A correction is a correction nevertheless, and Kadlec believes the tech bubble will burst soon enough. Indeed, AOL dropped three points amid Wednesday's rally. Don't say we didn't warn...
...Dow is falling, the Dow is falling -- and one reason is disappointing earnings reports. Tomorrow, look to see whether companies such as United Healthcare can deliver numbers big enough to stop the slide...
...error occurred while processing this directive] Decline it has. At Tuesday's nadir, the Dow had lost 762.87 points from its record high of 9,337.97 on July 17. And although the indicator is still up 8.4 percent on the year, that figure was once 18 percent. Is the boom of the Clinton years finally over? Kadlec says that with so many people with money in the stock market, recession worries could be self-fulfilling. "The effects of Asia are hitting U.S. companies hard, but consumers at home are still spending," he says. "But if the stock market stays gloomy...