Setting 
new records and then breaking it is not new for Wall Street. Once again, the Dow Jones industrials and S&P 500 have touched new peaks, while the Nasdaq closed at its highest point in six years. Investors welcomed positive readings due to growth in the rate of jobs, manufacturing and inflation, as well as a strong earnings report from Dell. All this gathered up the momentum to instigate positive results in the stock market. After a slight slump on Thursday, Friday happened to be a good day. On June 8, the Dow Jones industrial average managed to add 1.19%, the broader S&P 500 index added 1.14% and closed at a peak point, making it the index’s third record close at a stretch while Nasdaq composite gained 1.27% and ended at a new six-year high. The Russell 2000 small-cap index added 0.7%, also finishing at a new peak three days at a stretch. May was the third big month in a row for the Wall Street, with all three major weighing parameters and the Russell 2000 gaining between 3% and 4.5%. The month of June also started off on a positive note as investors welcomed the economic news, including a better-than-expected May jobs report, a strong ISM manufacturing reading and a drop in a key measure of inflation. The reports seemed to suggest the blend of rock-solid growth and gentle inflation that stock investors tend to prefer. However, gains were annoyed off by some unwillingness after the recent run – and by a big sell off in Treasury prices, which sent the yield on the benchmark 10-year note up to 5.12%.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
For More IIPM Article, Visit Below....
On "IIPM - Arindam Chaudhuri - Planman"
IIPM Alliances
Warming up for doomsday?
If you have it, flaunt it
IIPM RANKED AHEAD OF FIVE OF THE IIMS
A beach resort… Come for a month, at least
IIPM ABOUT :- IIPM KNOWLEDGE CENTER
Money for nothing...
Topic: India – China: A Growth Comparison
Who says US is on the brink of a recession?...
Thanda karta sabko ek
IIPM Infrastructure : Campus
new records and then breaking it is not new for Wall Street. Once again, the Dow Jones industrials and S&P 500 have touched new peaks, while the Nasdaq closed at its highest point in six years. Investors welcomed positive readings due to growth in the rate of jobs, manufacturing and inflation, as well as a strong earnings report from Dell. All this gathered up the momentum to instigate positive results in the stock market. After a slight slump on Thursday, Friday happened to be a good day. On June 8, the Dow Jones industrial average managed to add 1.19%, the broader S&P 500 index added 1.14% and closed at a peak point, making it the index’s third record close at a stretch while Nasdaq composite gained 1.27% and ended at a new six-year high. The Russell 2000 small-cap index added 0.7%, also finishing at a new peak three days at a stretch. May was the third big month in a row for the Wall Street, with all three major weighing parameters and the Russell 2000 gaining between 3% and 4.5%. The month of June also started off on a positive note as investors welcomed the economic news, including a better-than-expected May jobs report, a strong ISM manufacturing reading and a drop in a key measure of inflation. The reports seemed to suggest the blend of rock-solid growth and gentle inflation that stock investors tend to prefer. However, gains were annoyed off by some unwillingness after the recent run – and by a big sell off in Treasury prices, which sent the yield on the benchmark 10-year note up to 5.12%.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
For More IIPM Article, Visit Below....
On "IIPM - Arindam Chaudhuri - Planman"
IIPM Alliances
Warming up for doomsday?
If you have it, flaunt it
IIPM RANKED AHEAD OF FIVE OF THE IIMS
A beach resort… Come for a month, at least
IIPM ABOUT :- IIPM KNOWLEDGE CENTER
Money for nothing...
Topic: India – China: A Growth Comparison
Who says US is on the brink of a recession?...
Thanda karta sabko ek
IIPM Infrastructure : Campus
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