1. After Dow's 42% Run, Roadblocks Looming.
- Author
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Gongloff, Mark
- Subjects
- *
STOCK prices , *ECONOMIC indicators , *MARKET volatility , *DOW Jones industrial average , *CORPORATE profits , *BANKRUPTCY - Abstract
The article focuses on stock market prices in the wake of improvements in economic indicators and credit markets in 2009. It states that economic indicators and credit markets are returning to the level they were at before Lehman Brothers declared bankruptcy in September of 2009. It mentions the Dow Jones Industrial Average has rallied 42 percent since March 9, 2009, but is still down almost 34 percent from September 12, 2009. It suggests lower corporate profits are keeping stock prices down.
- Published
- 2009