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If Obama Is So Bad, Why Are the Markets Up?

If Obama Is So Bad, Why Are the Markets Up?

Parsing an economic puzzle. Recently the Dow Jones Industrial Average passed the psychologically significant 10,000 mark. This is an impressive feat for an index that was trading in the 6,000 range less than nine months ago.

 

Dow Jones average breaks through 10,000, then edges back down

Dow Jones average breaks through 10,000, then edges back down

Strong earnings from JPMorgan, Intel and others push up the blue-chip index in midday trading. The Dow Jones industrial average finally got back above 10,000 today -- briefly -- as banking and technology sectors did their best to move it above that psychological barrier.

 

Stocks in the Black on Gusher of Cash

The Dow Jones Industrial Average pushed into positive territory for 2009, having gained 34% in three months.

 

Dow Drops GM, Citigroup

General Motors and Citigroup will be replaced in the Dow Jones Industrial Average by Cisco Systems and Travelers, respectively.

 

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