Word: dowe
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Dates: during 1970-1979
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...heading higher, unemployment dropping and profits climbing, businessmen by all rights ought to be bullish. Quite the opposite: last week brought two new signs that they are still deeply worried. The stock market, that sometimes distorted mirror of investment hopes and fears, tumbled 22 points, as measured by the Dow Jones industrial average, to a 34-month low of 753. And a McGraw-Hill poll of executives in eleven industrial countries found U.S. businessmen second from the bottom in confidence about the future. Only profit-pinched Belgian managers were more apprehensive...
Horner said, "Typically, now, I go to bed at night thinking about the Dow-Jones Industrial Average. When that goes up, alumnae donations tend...
...Stock Market. The Dow Jones industrial average has fallen on eleven of the 14 trading days so far in 1978, for a decline of 54 points, and it closed last week at 776.94. In stock traders' minds, worries about inflation, interest rates and the dollar have outweighed all the good news. Though the stock market does not directly move the economy, it can have an important psychological effect by making people feel poorer?and with reason. Says Albert H. Cox, chief economist of Merrill Lynch, the brokerage giant: "By our estimates, at this point almost $100 billion worth of values...
...impact of the dollar crisis and rising interest rates on the stock market has been devastating. The Dow Jones industrial average lost 55 points in the first seven days of trading this year; last week it closed at a 33-month low of 775.73. Many Wall Streeters believe the market is now oversold and some rebound in stock prices can be expected. But if the market is to recover over the long run, the Administration must find a way to restore investor confidence. Warns Mark Collins, vice president of the investment bank of Kidder, Peabody: "The stock market is saying...
Miller's first challenge will be to establish himself as a competent, forceful leader. The importance of his doing so was underscored last week by a sharp drop in the stock market. The Dow Jones industrial average tumbled almost 38 points to close the week under the 800 mark at 793.49. The drop occurred mostly because of worries about the dollar, but also partly because of uncertainty about Miller and what policies he will follow. In addition, businessmen will be watching Miller's performance in checking inflation for clues as to whether to launch plant expansion and modernization...