Archive for March 17th, 2010

Blue Chips Climb 47.69, Best Close Since 2008 (at The Wall Street Journal)

Dow Extends Streak to Seven The Dow Jones Industrial Average climbed to a new 17-month high, logging its seventh straight daily gain. Stock Rally Is Form of Reverse Capitulation Vote: When will the Fed raise rates?

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[$$] Medicines Up Despite Gunk Woe (at The Wall Street Journal)

Medicines Up Despite Gunk Woe Small-capitalization stocks climbed, setting fresh 17-month highs, as renewed confidence in a low interest-rate environment fueled appetite for risk.

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[$$] Alcoa, DuPont and Caterpillar Pace Dow (at The Wall Street Journal)

Alcoa, DuPont, Caterpillar Pace Dow Stocks climbed to a 17-month high as calmed inflation worries boosted sentiment toward economically sensitive stocks including Alcoa, DuPont and Caterpillar.

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Dow extends win streak for lucky 7th day (at CNBC)

It looks like St. Patrick s day brought the luck o the Irish to the market: The Dow rose for a lucky seventh straight day as a renewed pledge from the Fed for low rates and a drop in inflation at the producer level helped fuel the market s momentum.

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Stocks to Watch: Stocks in focus for Thursday (at MarketWatch)

Among the shares expected to see active trade in Thursday s session are those of FedEx, Palm, Gamestop, and Ross Stores.

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Financial Stocks: Financial stocks help broader market extend gains (at MarketWatch)

The financial sector is the second-biggest gainer on the Standard & Poor s 500 Wednesday, as upgrades for some insurers and a plan to repay government bailouts propelled stocks higher.

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Summary Box: Stocks rise on hopes for low rates (AP)

THE DOW CATCHES UP: The Dow Jones industrial average joined the Standard & Poor s 500 index and the Nasdaq composite index in reaching new highs for 2010. The indexes are at their best levels in about 18 months.

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How the major stock indexes fared on Wednesday (AP)

The Dow Jones industrial average rose Wednesday to close at a new high for 2010. It was the Dow s seventh straight advance. The gain means the Dow has joined the Standard & Poor s 500 index and Nasdaq composite index in reaching the best levels since 2008.

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Dow hits 17-month high on energy, financials (Reuters)

Stocks gained on Wednesday, pushing the Dow to a 17-month high, after a benign February inflation reading supported the Federal Reserve s renewed pledge of low interest rates.

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Dow rises for seventh day in a row (at Financial Times)

Wall Street stocks continued their rally on Wednesday, rising on a quiet news day as investors took comfort from a range of positive economic and corporate data.

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