Word: dow
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...down. It's the Hang Seng. The "Footsie." The Dow. It's the tail wagging the dog, the Correction of '97. A record slide! A record rise! A blip. It's not a matter of being confused ? it's about recognizing confusion when you see it. And right now, the markets (and their attendant swarms of pundits) are lousy with it. But like a smooth rock in a wind-tossed bay; like the "Money Honey" on the crowded exchange floor; the right movie can provide sanctuary ? and understanding. Go back home. Go back to Trading Places. All the answers...
...news was good enough to help break the follow-the-leader pattern of the world's stock markets today. Despite the Dow Industrial's 125-point slide on Wednesday, Hong Kong's Hang Seng index climbed a solid 260.92 points, to 10,623.78, today, or about 2.52%. In Japan, the Nikkei 225 was up 94 points, to 16,458.94. Australia and New Zealand also were up. In Indonesia, the Jakarta Composite was down slightly as traders waited for details on the restrictions imposed by the aid package, including what the New York Times called "wide-ranging austerity measures...
...like puppies in a pet store window, the Streeters below were on their best capitalism-is-good-clean-fun behavior: the Dow closed up 60 after a particularly unexciting session. Try it, Jiang. Maybe you'll like...
...Dow dips again. What gives? (TIME Daily...
WASHINGTON: Clearly, Alan Greenspan was in a good mood. The Dow had been doing the Fed's sternest work for three days ? shaving more than 1,000 points off the market total ? and yet by Wednesday, everybody was laughing about how worried they'd been...