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Dow Hits Record Despite Losses At Big Banks.

Authors :
Reilly, David
Sidel, Robin
Mollenkamp, Carrick
Little, Lyneka
Brwoning, E.S.
Source :
Wall Street Journal - Eastern Edition. 10/2/2007, Vol. 250 Issue 78, pA1-A13. 2p. 1 Graph.
Publication Year :
2007

Abstract

The article reports on a record high which was seen at the Dow Jones Industrial Average on October 1, 2007, despite reports from Citigroup Inc. and UBS AG which indicated that the two banks had received millions of dollars of losses as a result of their involvement with mortgage linked securities and would have to initiate write downs as a result.

Details

Language :
English
ISSN :
00999660
Volume :
250
Issue :
78
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
26851093