Word: nasdaq
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MICHAEL JACKSON Rings NASDAQ opening bell, numbers plunge. Does "King of Pop" mean stock bubble...
...Johnson reevaluates what happened to America in the ?90s and paints a warts-and-all portrait that may shock many Americans and force others to review the new millennium?s values...America from 1990 to 2001 - from impeachment to recession, the rise of the Internet to the fall of Nasdaq, and the upheaval of the 2000 elections - is covered in startling detail by Johnson. He has written a magnetic book that every thoughtful American will want to read." Kirkus agrees, giving the book a starred review. "An absorbing survey of America?s second Gilded...
...cuts all by itself, bring the sector?s grim total to the 1 million mark over the past 12 months. And Wall Street, already in its traditional-of-late Friday short-selling mode, was clearly not in any condition to hear more scary numbers: Both the Dow and NASDAQ sold on the pre-bell news and didn?t slow down until mid-morning...
...knew the traders knew that too? With some party-pooping help from existing home sales, which fell off 3 percent in July, on Monday the Dow and NASDAQ made moves you could count on one hand, and volume was so thin as to cause some to wonder whether all the pros who had bought into Friday's run-up had, via cell phone from the Hamptons, been fired...
...That messianic Cisco news - with a boost from the housing report - produced a three-digit Dow rally and a proportionally larger one on the NASDAQ in the first half-day of trading Friday. Now, it is August, and it did look like rain in New York, which means the "big money" is nowhere the trading floor these days. But those in there investing are clearly feeling a little better all of a sudden about what they put in their portfolios going into a weekend...