Word: dow
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...Then there's 262 and 217, the Dow's gains Friday and Monday, respectively, as the index posted its biggest back-to-back percentage gains since September. Then there's 3.5 percent, Merrill Lynch's brand-new forecast for GDP growth, revised upward Monday from 2.0 percent, and Morgan Stanley's even more bullish Monday upgrade to a forecast of 4.5 to 5 percent. And those forecasts are just for the first quarter...
...either over, about to end or somewhere in between. But when the lugers break that laser beam, that's it, no do-overs, no instant replays. How quaint, in a way, and how profoundly comforting: numbers that mean something, numbers that stay put, unlike the closing figures on the Dow...
...term services contracts. And investors, led by those same market-making investment firms that Congress is penciling in for its spring hearings season, have turned up the heat on current CEO Jeff Palmisano. IBM is down 20 percent on the year, and fell nearly $4 Tuesday, bringing both the Dow and the techs down with it. (The latest kick was a New York Times report Friday that fourth-quarter revenues met expectations only from a one-time $300 million asset sale...
...decade could pick up truly dangerous speed: at the very least, Japanese thought - both collectively and individually - they could live a long time on the savings accrued in better times. Maybe not. And then earlier this month, two numbers that were never again supposed to cross - the Nikkei and Dow industrial average - converged when the Japanese index dropped below the Dow - portending finally, truly, absolutely, that Japan was now back where it started - trailing the West...
...with their own brand of accounting and disclosure reform - knee-jerk selling. Companies with dark accounting clouds (Tyco, Global Crossing, Enterasys Networks), questionable earnings details (Amazon.com) or simply lots of complicated ways of making money (GE) all took baths Monday as "Enronitis" fueled a 220-point selloff of the Dow and a 55-point drop in the NASDAQ...