Word: tradings
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Dates: during 1980-1989
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...sustained climb in interest rates. Surprisingly, the stock market, which can panic at even a hint of high interest rates, discounted last week's move in the prime. After plunging early in the week because of the decline in the dollar and concern about a possible U.S.-Japan trade war, stocks rallied strongly. On Friday the Dow Jones industrial average skyrocketed 69.89 points, a new one-day record. The Dow closed at an all-time peak of 2390.34, up 54.54 points for the week...
...continued to speak but at times held his head in sorrow, and later declared, "Love is stronger than hate." After leaving Santiago, John Paul visited six other Chilean cities before departing for Argentina, where church and state are at odds over government efforts to legalize divorce and rein in trade unions...
...first step in reversing the nation's trade deficit is "to get our fiscal house in order," he said...
Paying interest on the nation's budget deficit soaks up American savings and drives up the value of the dollar, Dukakis said. He cited a U.S. Commerce Department statement that the budget deficit was the "critical element" in producing the $170 billion trade imbalance...
Dukakis said Third World development crisis that "threatens the stability of democratic governments in Asia and Latin America and that has contributed heavily to our deficit in trade. For a substantial portion of Latin American debt, interest payments have been generated by reducing purchases of U.S. goods...