Posted on 12/13/2004 2:21:31 PM PST by Tumbleweed_Connection
Wall Street took heart in Monday's U.S. retail sales report and some merger news, sending stocks higher.
At the close of trading, the Dow Jones industrial average was ahead 95.10 or 0.90 percent at 10,638.32. The Nasdaq rose 20.43 or 0.96 percent to 2,148.50 and Standard & Poor's was up 10.68 or 0.90 percent at 1,198.68.
U.S. shoppers were into the holiday spirit in November, sending retail sales up 0.1 percent and October's increase was revised to 0.8 percent from 0.2 percent. Auto sales were a drag on the numbers and if they were excluded, November retail sales would have been ahead 0.5 percent...
Bush's fault.
When will the press get a clue and start reporting the movements of the markets in perrcentage terms? "Points" are meaningless. 95 points today is not the same as 95 points 4 years ago.
Works for me!
Bush has ruined the country!!!!!
If only Kerry could have been elected.
:)
LOL. Proof that I only read the headline.
This is the worst economy since Herbert Hoover. According to Kerry, anyway.
Curse this Bush recession!
I swear to God, if I see that lame-o post in all it's permutations, I am taking a sledge hammer to my puter.
Not really, but good grief....give it a rest.
Umm, actually it is. In Dec of 2000 the Dow was almost exactly where it is now.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.