Dow reaches 4 year high, NASDAQ reaches 11 year high

Discussion in 'Stock Market' started by Chris, Mar 13, 2012.

  1. Chris
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    Chris Gold Member

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    NEW YORK (CNNMoney) -- U.S. stocks rallied late Tuesday to close sharply higher on news that most of the nation's largest banks have passed the government's latest test of their financial health.

    The Dow Jones Industrial average (INDU) rose 218 points, or 1.8%, to close at 13,177. It was the highest close since Dec. 31, 2007, when Dow closed at 13,264.82.

    The S&P 500 (SPX) added 25 points, or 1.8%, to 1,396.

    The Nasdaq (COMP) jumped 56 points, or 1.9%, to 3,040. It was the highest closing level since Nov. 15, 2000.

    Stock rally into the close, Dow gains 218 points - Mar. 13, 2012
     
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  2. occupied
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    occupied Gold Member

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    Not all that thrilled, has to be a bubble somewhere about to pop. Goldman cannot make money unless the stock market crashes on schedule every few years.
     
  3. iamwhatiseem
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    iamwhatiseem Gold Member

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    Damn Straight occupied...you have to excuse Chris...he could care less about the stock market or the economy as long as Obama is still in office.
     
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  4. Conservative
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    Conservative Type 40

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    well, he wont have to worry about that after November... Obama will be gone.
     
  5. Chris
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    Chris Gold Member

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    It's All Obama's Fault that b..... oh Wait!
     
    Last edited: Mar 13, 2012
  6. iamwhatiseem
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    iamwhatiseem Gold Member

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    We can certainly hope so.
    Romney may not be the best there is...but he will be the best choice we have.
     
  7. g5000
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    g5000 Diamond Member

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    Last edited: Mar 13, 2012
  8. Chris
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    Chris Gold Member

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    Speak for yourself.

    I'm making more money than I every have.
     
  9. Chris
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    Chris Gold Member

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    The stock market has doubled since the stimulus.
    3.9 million private sector jobs have been created since 2009.
    GDP has been growing since 2009.
    Americans net worth is up $9 trillion dollars since 2009.
    Auto sales are up. Retail sales are up. Home sales are up. Unemployment is down.
    GM was saved, and is now the number one automaker in the world.
    Obama has done a very good job.
     
  10. paulitician
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    paulitician Platinum Member Supporting Member

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    Why would an OWS/Democrat be boasting about this? Seems very disingenuous.
     
    Last edited: Mar 13, 2012

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