Word: dows
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Dates: during 1990-1999
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Though most of the Oct. 27 drop in the stock market was recouped the next day, prices have remained volatile. Sinai thinks, however, that the Dow Jones industrial average would have to sink to 7000 (vs. levels over 8200 at its August peak and about 7700 in mid-November) and stay there for a year to make people feel so poor that they would cut consumer spending sharply. Weinberg, meanwhile, sees a silver lining in market volatility. It may dissuade "Gladys and Gary in Indiana" from borrowing from their mutual fund or ira to buy a car or house. That...
FORTUNE Business Report delivers the goods ? and the goodies ? from the day's trading. Wednesday: another drab day for the Dow...
...Fooey on the Dow day" as tonight's FORTUNE Business Report dissects a lackluster day of trading in which our favorite index proves rather un-representative...
...Dow is back over 8000 after some good news from Japan fuels a 190-point spike in boisterous Monday trading. Get the skinny from down on the floor with FORTUNE Business Report...
...South Korea that gave the world a jolt. No sooner had rumors of a possible South Korean collapse swept out of Seoul than the Japanese yen and the Tokyo stock market plunged to their lowest levels in two years. Across the Pacific, the ill winds from Asia blew the Dow Jones industrial average into a 157-point drop on Wednesday. "The real problem in East Asia is not Thailand, Indonesia or the Philippines," says Kenneth Courtis, chief Asia-Pacific strategist for Deutsche Morgan Grenfell. "It is Japan and Korea...