Word: dows
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Dates: during 1990-1999
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...sign of industrial health. Economists had been expecting a slightly more modest rise of 3.3 percent or so. It was the latest in a string of indications that the economy is running strong, and reinforced fears of inflation that have ruined the market's Indian summer rally. The Dow Jones industrial average was down as much as 50 points during the day on Wednesday but rebounded to close with a 13.79 point loss at 3787.34. The S&P 500 fell 1.07, to 453.52. NASDAQ stocks dropped 1.02, to 746.28. And bond prices dropped sharply, driving the yield on the benchmark...
...largely to slow overseas sales of American aircraft and increased prices for imported oil, the U.S. trade deficit rose sharply in July to its second highest level in history. The gap, $10.99 billion, was nearly 22% higher than the June figure. Stock markets tumbled on the news, with the Dow shedding 101.6 points for the week...
...materials rose to 77.1, also the highest level in six years. That's a sign of inflation down the road, which makes it all the more likely that the Fed will boost rates for a sixth time this year. On Wall Street, the markets waffled, with the Dow Jones Industrial Average up a meager 3.70 points to 3846.89 while the S&P 500 dipped 0.97 to 461.74. NASDAQ stocks fell 3.41 to 760.88. But bond prices nosedived, driving the yield on the benchmark 30-year Treasury up to 7.86%, from...
...biggest since a 1.3 percent jump last February. The index of Chicago-area purchasing managers -- generally regarded as an early indicator of changes in business conditions -- notched up from 61.6 in August to 63.6 in September. (Any reading over 50 shows the economy is expanding.) On Wall Street, the Dow Jones industrial average fell 11.44 points, to 3843.19, as the stock of large, blue-chip companies continued to register damage. But the broader market rose slightly, with the S&P 500 up 0.48, to 462.71. And NASDAQ stocks jumped 4.95, to 764.29. Meanwhile, bond prices increased a bit, driving...
...previous estimate of 3.8 percent growth and was much higher than analysts had expected. In addition, the Labor Department reported that there were 11,000 fewer new claims for state unemployment benefits last week -- another sign of growing business activity that could signal increased inflation. In response, the Dow Jones industrial average fell 23.55 points, to 3854.63. The S&P 500 dropped 2.58, to 462.23. NASDAQ stocks declined 0.67, to 759.34. And bond prices declined too, driving the yield on the benchmark 30-year Treasury up to 7.85 percent, compared with 7.80 percent the day before. The price of gold...