Word: dow
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...Suddenly, in 1986, the target became closer and more tantalizing. As 1987 brought a fresh frenzy of trading on the New York Stock Exchange, everyone on Wall Street, as well as investors across the U.S. and around the world, was caught up in the drama: Just when would the Dow Jones industrial average gather its full force and break through the psychologically portentous barrier...
Last week, more than 14 years after the Dow leaped the 1000 mark, the big moment finally arrived. As Big Board floor traders cheered and filled the air with confetti, the closing bell rang last Thursday with the index solidly perched at 2002.25. Then on Friday, after briefly falling from its record height, the Dow rallied to its sixth straight gain of the new year and finished the week...
...called flight to quality kept the blue-chip Dow Jones industrial average rising last week, as investors bought shares of such traditional giants as AT&T, General Electric and Du Pont. Investors were picking stocks based on old-fashioned criteria like healthy profits and steady growth. The Dow went up 20.67 points during the week, to close...
Meanwhile, the stock market suffered some profound jitters of its own. On the day after disclosure of the SEC subpoenas, the Dow Jones index of 30 blue- chip industrial stocks plummeted 43.31 points, to 1,817.21, the fourth largest drop on record. If anything, the Dow understated the market's nervous collapse. On the New York Stock Exchange, 1,390 issues fell that Tuesday, and only 283 gained. Many of the hardest hit were stocks that had been heavily traded by speculators in the anticipation of takeover action. Later in the week, as opportunistic traders saw many stocks as bargains...
...billion. The glittering centerpiece: their new $1.5 billion Battery Park City project, part of a vast new chunk of Wall Street waterfront created on 92 acres of landfill in Manhattan. Among the companies ensconced in Olympia & York's elegant copper-and-granite towers there: Merrill Lynch, American Express and Dow Jones...