Word: dowe
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...Dow Jones Industrial Average closed at7895.66 on Friday, far below its July high of9337.97...
...Clinton performed miserably in his first public ceremonies of repentance, but then last Friday, at the White House prayer breakfast, delivered at last a persuasive peccavi, mea culpa. It was fascinating to watch the President's speech with a window at the bottom of the television screen showing the Dow Jones average moving like an electrocardiogram. The Dow was in losing territory when the Clinton started speaking, and rose steadily into the plus column as he went...
...unusual protection. Or buy other high-yielding stocks--especially blue chips that you can count on to thrive long-term. High yield today is anything over 3%, a level that may indicate the stock has been unfairly trashed and will do well in coming quarters. Among the highest-yielding Dow stocks are Philip Morris (4.1%), J.P. Morgan (4.4%) and General Motors (3.5%). Other stocks to own might include those of consumer-products companies, a group that lost far less ground than the market this summer. You could also look for value-oriented stock mutual funds, such as Oakmark Fund (which...
Most folks are a bit cranky on the first day of the workweek, but their Monday blues are nothing compared with those of the stock market. Last week's 512-point plunge in the Dow was just the latest jolt to Wall Street (and international markets) after the weekend--from Oct. 28, 1929, to Black Monday in 1987, to the 554-point dive last Oct. 27. Indeed, half of the 10 biggest drops in the Dow's history, both in percentage and point terms, came on Monday, which has been the worst day of the week for stocks over...
Investors in the market for some valuable advice during the dog days of the Dow can get it from a new source on the Web. Last week Morgan Stanley became the first major Wall Street house to offer discount online traders (at its discoverbrokerage.com site) same-day access to high-quality research reports on more than 400 companies. For $19.95 a month, subscribers can receive analyst ratings, earnings estimates and overviews on 20 stocks...