Word: dowe
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Dates: during 1990-1999
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Exodus On Wall Street If you thought today's 220-point Dow drop was nasty, just wait until Monday when the corporate earnings season begins. Dare we say Bear...
...Labor-force participation has also improved: the proportion of working-age people with jobs is the highest ever recorded. Wage stagnation seems to be ending: earnings have risen more than 4% in the past 12 months, which is the greatest gain in 20 years when adjusted for inflation. The Dow is at 7756, more than doubling in three years, and corporate profits are at their highest level ever. Yet inflation is a negligible 2%, and even the dour Fed Chairman Alan Greenspan seems confident enough in the new economy to keep interest rates...
...tech stocks are, and investors may not get whole for a while. It's worth noting, though, that even with its recent 30% decline, Intel's shares are up fourfold in three years. Tech stocks, on average, have risen about twice as fast as the Dow Jones industrial average since June 1994. That pace was unsustainable no matter how much Grove and company may change the world...
...YORK: The Dow dropped sharply in the first hours of trading Friday and was down 167 points by mid-morning, although it began to rally by the early afternoon...
Asian Woes Send Dow Plunging Bad news from Korea, Japan and Hong Kong sparked a strong sell-off in the early hours of trading, but by early afternoon there were signs of Wall Street rallying...