Word: dowe
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Dates: during 1970-1979
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...Fisk '78, a Music concentrator, said plaintively yesterday that he is taking it because he wanted to understand Walter Cronkite when he talks about the Dow Jones index...
STOCKS. Even before the arrival of the newest numbers on jobs and prices, investors were making their jitters about the economy felt on Wall Street. During the past nine days of trading, the Dow Jones industrial average dropped a steep 61 points. Last week, the Dow fell 28 points, to close at 952, its lowest level since mid-February...
...TIME, Oct. 4) was further documented last week when the Commerce Department announced its Index of Leading Economic Indicators for August. The index dropped for the first time in 18 months, declining 1.5% from July's figure. On Wall Street investors responded to the news by sending the Dow Jones industrial average into an 18.20-point plunge, its biggest one-day slide in more than four months...
...There's a greater amount of uncertainty now about who is going to win, and the market doesn't like uncertainty." Market historians note that election campaigns usually are times of minor price movements. During the past seven presidential campaigns, from mid-August to Election Day the Dow has risen three times and dropped four; in no case has the swing been as wide...
...sideways movement does continue, it will be good news for Ford. A traditional "rule of the Dow" holds that if the average is higher on Election Day than on Jan. 1, the party in power will stay in office; if it is lower, the outs win. The rule has held good in 15 of the 18 presidential elections since 1900. It would take a disastrous drop now to push the Dow by Nov. 2 below its start-of-the-year level...