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Dubai debt default triggers Global Market selloff

The Dow Jones Industrial Average dropped on Friday by 154.48 points or 1.48% down on Wednesday’s close (10,464.40) to 10,309.92 points, breaking a 3 week rally and finishing 0.1% down for the week. Wall Street closed Thursday for Thanksgiving, then reopened for a half day session in the midst of a global market selloff triggered …

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DOW JONES October 2009 Rally breaks 10,000 points

dow-jones-chart-14-october-2009

The Dow Jones Index (14 October 2009) rose above 10,000 points for the first time since early October 2008, as US stocks powered higher. Investors cheered at the New York Stock Exchange, as the Dow Jones Industrial Average broke the psychological 10,000 point barrier, finally closing at 10,015.86 points. This is the first time the …

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Posted in Money