Word: dow
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...from the year before. The company has suffered declining profits for six of the past seven quarters and just lowered its earnings expectations for 2002. Wall Street's indigestion over the news pushed McDonald's once dependable blue-chip stock down to a seven-year low, helping sink the Dow Jones average close to a four-year nadir...
...from the year before. The company has suffered declining profits for six of the past seven quarters and just lowered its earnings expectations for 2002. Wall Street's indigestion over the news pushed McDonald's once dependable blue-chip stock down to a seven-year low, helping sink the Dow Jones average close to a four-year nadir...
...immediately following Sept. 11, 2001. When insiders buy more than they sell, as Coleman believes will be the case in coming weeks, the market becomes compelling. This buy signal was seen after the 1987 crash, the 1991 Gulf War and the 1998 Asia crisis--and in each case, the Dow soared soon afterward...
...Hence, Daschle's plan: Keep one eye on the growing tension over Iraq, one eye on a wretched Dow. If he (and the rest of the party) is lucky, this could be the year the Democrats hit two key issues at exactly the right time. It just depends on whether the party can drive their economic message home - somehow elevating them over the well-funded, extremely popular war cries of a sitting President...
Saddam Buoys the Markets Iraq's offer to accept weapons inspectors back may have been dismissed as meaningless by the White House, but the markets have welcomed Saddam's move. Foreign markets and the Dow futures indicate that Wall Street is set for a stellar day, while oil prices fell sharply on the prospect of avoiding war with Iraq. Seems like the markets may not be entirely in agreement with White House economic adviser Lawrence Lindsey, who said in comments reported Monday that even though a war may cost the U.S. up to $200 billion, it would be good...