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Keyword: bluechips

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  • Blue Chips Reclaim 10000

    10/14/2009 10:37:20 AM PDT · by Sub-Driver · 17 replies · 851+ views
    Blue Chips Reclaim 10000 By DONNA KARDOS YESALAVICH The Dow Jones Industrial Average hit the 10,000 mark Wednesday afternoon, reaching the psychologically important level for the first time in more than a year, as strong earnings reports from Inteland J.P. Morgan Chaseboosted sentiment. The closely watched market measure last traded above 10,000 on Oct 7, 2008, and hasn't closed above that level since Oct 3, 2008. Its return to that level represents a big milestone in the stock market's huge climb back up over the past seven months from its March lows. As of Tuesday's close, the Dow was up...
  • The nagging worries at mighty GE

    02/17/2008 10:52:02 AM PST · by wcgo2 · 7 replies · 385+ views
    The Sunday Times of London ^ | 2-17-2008 | Ben Laurance
    THEY don’t come much more blue-chip than General Electric of the US. The company – valued at nearly $350 billion (£178 billion) – is almost like a nation state. It’s seen as the ultimate safe bet – powerful, genuinely global, diversified. And when the company produced its 2007 results last month, GE was able to boast record earnings. From jet engines to windpower turbines, from refrigerators to railway locomotives, GE has its finger in every industrial pie. And while other companies have been buffeted by the turbulence of the credit crunch, GE has apparently remained above it all. At the...
  • Blue Chips Surge to Start New Quarter

    04/03/2006 8:55:24 AM PDT · by Signalman · 15 replies · 465+ views
    CNN ^ | April 3, 2006 | Unk.
    NEW YORK (CNNMoney.com) - Stocks jumped Monday morning as investors flooded into the market at the start of a new quarter, despite surging bond yields and a jump in crude oil prices. The Dow Jones industrial average (up 115.66 to 11,224.98, Charts) climbed more than 1 percent about 90 minutes into the first session. The broader Standard & Poor's 500 (up 11.65 to 1,306.48, Charts) index added nearly 1 percent and the Nasdaq composite (up 15.64 to 2,355.43, Charts) gained 0.7 percent. INVESTOR RESEARCH CENTER Special Reportfull coverage Oil Crunch Oil closes at highest in nearly 2 months Poll: Americans...
  • Blue-chip rally, day 3

    02/25/2005 12:24:12 PM PST · by pissant · 5 replies · 308+ views
    Cnn ^ | 2/25/05 | staff
    NEW YORK (CNN/Money) - Blue chips rose Friday afternoon, on a strong read on fourth-quarter economic growth, but gains were limited by a spike in oil prices and some fatigue after a two-session advance The broad Standard & Poor's 500 (up 7.06 to 1,207.26, Charts) index gained more than 0.6 percent, and the Dow Jones industrial average (up 48.40 to 10,797.19, Charts) gained around 0.5 percent around 1:30 p.m. ET. The Nasdaq composite (up 3.85 to 2,055.55, Charts) saw a smaller advance, with technology continuing to lag the other sectors, as it has in recent days. Durable goods orders and...
  • U.S. stocks end higher; blue chips at new high for 2005

    02/15/2005 1:38:36 PM PST · by RWR8189 · 8 replies · 539+ views
    MarketWatch ^ | February 15, 2005 | Mark Cotton
    NEW YORK (MarketWatch) -- Blue chips ended at a new high for the year Tuesday, and the Nasdaq posted modest gains as investors cheered better-than-expected data and sustained merger activity, with Circuit City the latest company to become the target of a takeover bid. The Dow Jones Industrial Average (^DJI - News) ended up 46.19 points, at 10,837.32. The Nasdaq Composite Index (NasdaqSC:^IXIC - News) was up 6.30 points, at 2,089.21, but off an intraday high of 2,103.45. Gains for semiconductor (Philadelphia:^SOXX - News) and Internet (CBOE:^GIN - News) stocks helped put a floor on declines. Computer hardware stocks...