Word: dows
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...things get in China, it'll be worse in the U.S. By mid-morning Tuesday, the Dow was already trading down 2.6%. Expect 2008 "to be a very bad year for the U.S.," says Stein...
...India's benchmark shed 7.4%. In Europe, Britain fell 5.5%, France 6.8%, and Germany 7.2%. Brazilian stocks dropped 6.6% and Canada's main index lost 4.8%. In the U.S., markets were closed for the Martin Luther King Jr. holiday, but when they reopened on Jan. 22, the Dow industrials promptly shed 300 points, joining the sell-off that continued overseas, forcing trading to be suspended in India and South Korea...
...most successful firms on Wall Street.” AN AGE-OLD PROBLEMWright-Swadel, the OCS director, says that throughout his time as a career adviser students have factored company reputations into their employment decisions.“In the 60s and 70s, companies like Dow Chemical were an issue for students because of their involvement with making napalm in Vietnam,” he says. And “major petroleum companies like Exxon have their environmental problems, like the Valdez incident,” he adds, referring to a massive oil spill off the coast of Alaska...
...more tolerable. That inevitable $5 tithe I pay? I make it a sport to find the cheapest place in the square for cigarettes (for the record, it’s Tommy’s Value). I compare prices in other cities and states like I would stocks on the Dow Jones. The environmental guilt? I snub them out and throw the butts into trashcans. The extra smoke in the air? I inhale ever more deeply...
...take a more gradual approach...but five-and-a-quarter percent is higher than one would expect for our current financial growth. The target for neutrality is about four percent—that’s reasonable.” Stocks surged after the Fed announcement. The Dow Jones industrial average closed up 2.5 percent at 13,739.39 and the Standard & Poor’s index of 500 stocks closed up nearly 3 percent at 1,519.78. —Staff writer Maxwell L. Child can be reached at mchild@fas.harvard.edu...