Dow Jones

2:51pm

Fri March 16, 2012
Economy

The Market's Finally Looking Up: Will It Last?

Originally published on Fri March 16, 2012 9:03 pm

Trader Peter Tuchman reacts on the floor of the New York Stock Exchange on March 13. That same day, the Dow Jones industrial average had its highest close since 2007.
Richard Drew AP

The stock market hit some major milestones this week: The Standard & Poor's 500 index reached its highest level in more than three years, the Dow Jones industrial average settled in above 13,000 — up about 24 percent since early October — and the Nasdaq rose to its highest level in 11 years. Still, the Federal Reserve has been warning not to get too excited about where the economy is headed next.

David Kotok, chairman and chief investment officer at Cumberland Advisors, says there are a bunch of reason for stocks to be rising.

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4:23am

Sun March 11, 2012
Looking Up: Pockets of Economic Strength

Signs Of Recovery Emerge After A Long Downturn

Originally published on Mon March 12, 2012 8:08 am

While parts of the U.S. economy struggle, other sectors are seeing growth. Here, job seekers talk with recruiters at a career fair in Manhattan last month.
Spencer Platt Getty Images

Millions of Americans are still searching for jobs or facing home foreclosures. For them, the Great Recession drags on into its fifth year.

But for others, the U.S. economy is looking up.

Companies in certain sectors are buying equipment again and hiring workers. These pockets of strength — found in energy, technology, manufacturing, autos, agriculture and elsewhere — are helping invigorate the broader economy.

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2:10pm

Tue March 6, 2012
The Two-Way

Rough Day On Wall Street; Dow Has Sharpest Drop Of Year

The stock market has been having a good year, so you might have been expecting some sort of a "correction."

Today may have been that day.

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2:06pm

Tue February 28, 2012
The Two-Way

Dow Does It: Closes Above 13,000

Originally published on Tue February 28, 2012 2:47 pm

For the first time since the 2008 financial crisis, the Dow Jones Industrial average has closed above the 13,000 mark.

It didn't do it by much — about 5 points.

We'll have more in a moment.

Update at 4:15 p.m. ET:

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10:01pm

Wed February 8, 2012
Planet Money

What Do The Dow's Daily Swings Mean? Not Much.

Originally published on Thu February 9, 2012 3:22 pm

Mario Tama Getty Images

Turn on the news on any given day, and you're likely to hear about the Dow Jones industrial average. It is the most frequently checked, and cited, proxy of U.S. economic health. But a lot of people — maybe most — don't even know what it is. It's just the stock prices of 30 big companies, summed up and roughly averaged. That's it.

And what does the daily movement of this number have to do with the lives of most Americans? Not much.

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