Arrow-right Camera
The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Huckleberries Online

Wall Street Tops 11,000

Lifted by optimism about corporate profits, a recovering economy and the latest debt-relief plan for Greece, the Dow Jones Industrial Average closed above 11000, something it hadn't achieved since the financial system began teetering nearly 19 months ago. By inching past the milestone—rising just 8.62 points, or 0.08%, to 11005.97—the Dow continued what amounts to a stealth rally in a market characterized by below-average trading volume and small daily moves. The Dow has risen on 23 of the past 30 trading days, but moved more than 100 points only once, on March 23. It has risen 68% since bottoming out in March 2009, but is up just 6% this year/E.S. Browning, Wall Street Journal. More here.

Question: Have you regained your confidence in the stock market? Or are you still shaken by the precipitous tumble the market took during the ongoing recession?



D.F. Oliveria
D.F. (Dave) Oliveria joined The Spokesman-Review in 1984. He currently is a columnist and compiles the Huckleberries Online blog and writes about North Idaho in his Huckleberries column.

Follow Dave online: