In the face of great skepticism and a laundry list of reasons why it shouldn’t be happening, the Dow Jones Industrial Average (^DJI) burst higher in early trading today, eclipsing the previous closing high of 14,164 set on October 9, 2007. As it stands, the DJIA is also trading abov…
Dow at 10,000! Will it stall the rally?
Posted on: September 29th 2009 in Market Outlook.
It is only a number, the stock market equivalent of an appliance chain’s millionth customer, or the gazillionth hamburger served at McDonald’s. Still, the Dow, which closed up 124.17 points, at 9,789.36, on Monday, is within reach of 10,000. Who would have thought? At the depths of …
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