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US Stocks Rally, Dow Hits 3 1/2-Year High
Reuters ^
| December 21, 2004
Posted on 12/21/2004 12:19:03 PM PST by RWR8189
NEW YORK (Reuters) - U.S. stocks rallied on Tuesday, with the Dow touching its highest intraday level for 3 1/2 years, helped by a rebound in beaten-down drugmaker Pfizer Inc. (PFE.N: Quote, Profile, Research) , while tech stocks got a boost from a broker upgrade of Intel Corp. (INTC.O: Quote, Profile, Research) .
The Dow Jones industrial average was up 96.87 points, or 0.91 percent, at 10,758.47, after climbing to 10,765.27, the highest the Dow has been since June 14, 2001. The Standard & Poor's 500 Index was up 10.69 points, or 0.89 percent, at 1,205.34. The Nasdaq Composite Index was up 22.98 points, or 1.08 percent, at 2,150.83.
TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: bullmarket; bushrally; djia; dow; equities; nyse; stocks; thebusheconomy
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1
posted on
12/21/2004 12:19:03 PM PST
by
RWR8189
To: RWR8189
2
posted on
12/21/2004 12:19:51 PM PST
by
tje
To: RWR8189
Worst economy since the Great Depression. Yoouuuuuu betcha!
3
posted on
12/21/2004 12:22:29 PM PST
by
TheBigB
(Smartass remarks $5.00...with extra pithiness $2.00 more!)
To: tje
Indeed. Now we have to ask whether he knew this would happen, and if so, when did he know it. And why did he withhold it from the American voters prior to the election? /sarcasm
Eat your hearts out DU. Oh, I forgot......
4
posted on
12/21/2004 12:22:59 PM PST
by
tracer
(Forrest)
To: tracer
In the words of a familiar commercial: "Heinz loses"....
5
posted on
12/21/2004 12:24:09 PM PST
by
tracer
(Forrest)
To: tje
Cool. I'm making money today. ;^)
6
posted on
12/21/2004 12:24:11 PM PST
by
demlosers
To: TheBigB
In the words of a familiar commercial: "Heinz loses"....
7
posted on
12/21/2004 12:24:56 PM PST
by
tracer
(Forrest)
To: RWR8189
Don't those fools on Wall Street realize the falling dollar and budget deficits are leading us to economic chaos??!!!
8
posted on
12/21/2004 12:25:05 PM PST
by
Mase
To: RWR8189
Calling on all liberals to disgorge recent stock market profits and donate to charity. This rally is clearly tainted.
9
posted on
12/21/2004 12:25:41 PM PST
by
loborojo
(What the hell is a "Reagan Democrat"?)
To: Mase
Previous post should have included huge amounts of sarcasm.
10
posted on
12/21/2004 12:27:04 PM PST
by
Mase
To: RWR8189
Amazing how this rlly..coincidentally corresponds to the high points of the Bush Presidency, including his re-election. Think investors might be trying to tell us something?
To: TheBigB
Yep - our economy sure is sucking air.
12
posted on
12/21/2004 12:40:32 PM PST
by
andyland
(Bush won and Rather lost!)
To: TheBigB
Worst economy since the Great Depression. Yoouuuuuu betcha! Have to admit. I am a little disappointed that this statement came in at post #3. "Surely", I thought, "it would be higher". :-)
13
posted on
12/21/2004 12:41:04 PM PST
by
Turbo Pig
(...to close with and destroy the enemy...)
To: tje
This is because the election fraud story is about to break wide open. John Conyers is going to challenge the election and get John Kerry elected. The Wall Street vampires know this and are waiting to get in on the cash from a democratic president. (/DUmmie Funnie hat off)
14
posted on
12/21/2004 12:43:58 PM PST
by
sharkhawk
(I really have to stop surfing at DU.)
To: RWR8189
Tom Daschle is deeply sadd ... hey, what are we supposed to say now that we don't have lil' Tommy to kick around anymore?
To: RWR8189
To: TheBigB
But....but....but I thought our economy was in the dumps because of the low dollar?
Are the Euroweenies lying to us again?
Bad weenies, bad weenies.
17
posted on
12/21/2004 12:56:25 PM PST
by
processing please hold
(Islam and Christianity do not mix ----9-11 taught us that)
To: pbrown
I can't read any lefty article without a mention of our "tanking" economy. I think it's a rule sent out by the DNC.
18
posted on
12/21/2004 12:57:42 PM PST
by
TheBigB
("Eat my rubber!"--Clark W. Griswold, Jr.)
To: TheBigB
They must live in that other America Edwards was talking about, huh?
19
posted on
12/21/2004 1:13:31 PM PST
by
processing please hold
(Islam and Christianity do not mix ----9-11 taught us that)
To: You Dirty Rats
Tom Daschle is deeply sadd ... hey, what are we supposed to say now that we don't have lil' Tommy to kick around anymore? Excellent question. I nominate hillary clinton.
20
posted on
12/21/2004 1:37:21 PM PST
by
John O
(God Save America (Please))
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