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THURSDAY, NOVEMBER 26, 2009
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7

Dow Hits 10,000 for First Time in Year

Markets propelled by strong earnings from Intel, JPMorgan

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(AP) – The Dow Jones industrial average reached 10,000 today for the first time since Oct. 7, 2008. The milestone, which triggered a whoop from the trading floor, was buoyed by surprisingly strong earnings reports from Intel and JPMorgan. The latter stoked the market's optimism as it handily beat Wall Street's expectations, reporting a profit of $3.59 billion for the July-September period.

Kellogg's Stephen Naughton, left, and Patrick King, center, work with a trader on the floor of the New York Stock Exchange Monday.
Kellogg's Stephen Naughton, left, and Patrick King, center, work with a trader on the floor of the New York Stock Exchange Monday.   (AP Photo/Henny Ray Abrams)
Specialist Patrick Murphy, left, laughs with trader Jonathan Corpina, right, on the floor of the New York Stock Exchange Wednesday.
Specialist Patrick Murphy, left, laughs with trader Jonathan Corpina, right, on the floor of the New York Stock Exchange Wednesday.   (AP Photo/Richard Drew)
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7 comments
VIEWING:
 
LibertyMan
Oct 14, 09 12:33 PM CDT
uppp!!! Time to safely check the ole 401-K without having a stroke. Reply
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+3
osu1067
Oct 14, 09 12:33 PM CDT
Yea Capitalism! Reply
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+1
hybrid
Oct 14, 09 12:46 PM CDT
What? does BO know that companies are making money agian,,,,,shut them down how dare they, better yet mandate they take money from Gov and we can force them into nationazation! wont that be great. a fraction of stimulus spent and the eco is storming back. Cancell the stim and put the treasuries.! Reply
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-6
IN RESPONSE:
Doctor_Zaius
Oct 14, 09 12:49 PM CDT
Dont you have a girlfriends pet fish to go stab?
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+3
IN RESPONSE:
GlennH
Oct 14, 09 1:22 PM CDT
I kind of think he knows. My 401(k) lost money every month of the last year-and-a-half of the Bush Mis-Administration and it's gained every month of Obama's term. Now, I wonder which one is good for the economy?
Vote up! Vote down!
-1

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