Word: dows
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Dates: during 1990-1999
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...Dow average rose 1.35 points to 3,808.87 as investors waited for the outcome of congressional elections and a possible increase in interest rates orchestrated by the Federal Reserve...
...independence. The star analyst insisted on working out of her Greenwich Village apartment, and issued bullish forecasts that clashed with the more bearish opinions of Katherine Hensel, the firm's chief market strategist. Garzarelli overestimated the strength of this year's market rally, for example, predicting that the Dow Jones average would hit 4600 by the end of 1994. The indicator has failed...
...quarter earnings rose 18% over those of a year ago, to $541 million. Motorola's profits surged 50% to $380 million. Chrysler topped both those gains with profits of $651 million, which represents an increase of 54%. Such news helped spark a rally on Wall Street that lifted the Dow Jones industrial average 55 points in a single day and 113 points for the week...
...billion worth of two- and five-year notes on Tuesday and Wednesday. Traders apparently feared that this influx of new issues could drive prices down, and yields up, especially with the Federal Reserve expected to lift short-term rates again as soon as next month. In response, the Dow Jones Industrial Average plunged 36 points to 3855.30 on moderate trading (N.Y.S.E. volume: 282 million shares). The S&P 500 fell 4.06 to 460.83. NASDAQ stocks dropped 4.17 to 761.21. And that 30-year Treasury ended the day at 8.04%, up from 7.98% on Friday. The price of gold fell...
...Additionally, the Federal Reserve Bank of Philadelphia's October Business Outlook Survey shows a big increase in its prices-paid index, a measure of what manufacturers pay for raw materials. The index -- considered one measure of possible future inflation -- is now at its highest level since February 1989. The Dow Jones industrial average plunged 24.89 points, to 3911.15, in heavy trading. The S&P 500 fell 3.43, to 466.85. NASDAQ stocks dropped 2.82, to 767.80. Bond prices declined, as the yield on the benchmark 30-year Treasury rose to 7.90% from 7.87%. The price of gold fell five cents...