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Dow Jones closes at highest mark in four years

May 1, 2012 in Grand Forks Herald

The fastest growth in U.S. manufacturing in 10 months gave stocks a lift Tuesday and pushed the Dow Jones industrial average to its highest close in more than four years. Continue Reading

Dow’s 13,000 close has some investors worried

March 2, 2012 in Grand Forks Herald

What’s not to like about Dow 13,000? While most investors cheered when the blue-chip index closed above that level Tuesday for the first time since May 2008, some were wringing their hands. The Dow Jones industrial average has left the Dow transportation average behind, and that could mean trouble. Continue Reading

Dow closes in the red for it’s first losing week of 2012

January 27, 2012 in Grand Forks Herald

The stock market closed mostly lower Friday, sending the Dow Jones industrial average to its first losing week of 2012, after the government reported that economic growth was slower at the end of last year than economists expected. Continue Reading

Slow day on the stock market

December 6, 2011 in Grand Forks Herald

Stocks are closing narrowly mixed after a report that a second European bailout fund was being considered set off a brief, late-day rally. Continue Reading

Good day on the stock market after jump in consumer confidence

November 29, 2011 in Grand Forks Herald

A jump in U.S. consumer confidence sent stocks modestly higher today. Investors were also encouraged by new efforts from European leaders to find more aggressive cures for the region’s debt crisis. The Dow Jones industrial average ended with a gain of 32 points, following a 291-point surge Monday.
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Corporate buyout deals give stocks a lift

June 13, 2011 in Grand Forks Herald

A new round of corporate deals nudged stock indexes higher Monday, although concerns over Greece’s debt led some investors to the safety of government bonds. Continue Reading

Stocks wobble as earnings rally slows

May 3, 2011 in Grand Forks Herald

After two weeks of strong earnings pumped up the markets, weak results from Pfizer and others deflated a broad earnings rally, at least for a day. Continue Reading

Dow Jones has best start to year since 1999

March 31, 2011 in Grand Forks Herald

Oil prices near $107, a 20% increase since Libyan uprisings began in FebruaryThe Dow Jones industrial average has risen 6.4 percent in the first three months. The index of 30 large companies gained 742 points in that stretch. Measured against other first quarters, that’s the largest point gain since 1998 and the second best on record. Continue Reading

Dow has first close above 12,000 in 2 1/2 years

February 1, 2011 in Grand Forks Herald

Another big stock market index, the Standard & Poor’s 500, reached a milestone of its own today. It closed above 1,300. Continue Reading&