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NEW YORK (CNNMoney.com) -- The Dow industrials closed above 10,000 Wednesday, ending at the key psychological milestone for the first time in more than a year, following upbeat profit reports from Intel and JPMorgan Chase.
The Dow Jones industrial average (INDU) rose 145 points or 1.5%, according to early tallies, finishing at its highest point since Oct. 3, 2008, when it closed at 10,325.38.
Sweet.
Everyone go spend some money.
Consumer confindence is back.
Dam just when its ok to spend some money I dont have any.
Huh?Quote:
Originally Posted by Brent Keever
You didn't save your stimulous package?
Aren't those the windfall profits we have been hearing about?Quote:
Originally Posted by EdA
Steve
It's incredible what's happened in the last 52 weeks.
I feel like the drama critic who wrote:
"I would have enjoyed the play had I not had such an unfortunate seat, it faced the stage."
The good news, this is business, the private sector, doing what it has to do to keep solvent and functioning. Basically cut costs and try to function at maximum efficiency. The government should take their lead. What are the odds that's going to happen?
zero............:(Quote:
Originally Posted by Bruce MacPherson
Its always easier to spend someone else's money! ;-)Quote:
Originally Posted by Bruce MacPherson
13 months ago it closed over 11,000