Billy Florence - Dow at 6 Year High!
The Dow closed today at its best since January of 2000! It is not too far from reaching its highest point in history of 11,722.99 (reached January 14, 2000).
Here are some updates from CNNMoney.com:
The Dow industrials closed at their highest level since January 2000, when it reached its all time high, as investors cheered solid earnings news at GM and a retreat from record oil prices.
Thursday's big market mover was General Motors (up $2.11 to $22.68, Research), which soared over 9 percent after it posted an operating profit in the first quarter, excluding all special items.
The struggling automaker said it earned $152 million, or 26 cents a share, excluding all special items, such as charges related to an agreement to change health care coverage for some retirees and their families.
GM's rise was responsible for about a quarter of the Dow's rise.
Read more at www.CNNMoney.com.
Billy Florence - Team DCI
Here are some updates from CNNMoney.com:
The Dow industrials closed at their highest level since January 2000, when it reached its all time high, as investors cheered solid earnings news at GM and a retreat from record oil prices.
Thursday's big market mover was General Motors (up $2.11 to $22.68, Research), which soared over 9 percent after it posted an operating profit in the first quarter, excluding all special items.
The struggling automaker said it earned $152 million, or 26 cents a share, excluding all special items, such as charges related to an agreement to change health care coverage for some retirees and their families.
GM's rise was responsible for about a quarter of the Dow's rise.
Read more at www.CNNMoney.com.
Billy Florence - Team DCI
posted by Billy Florence at
4:39 PM
