Business Update: Dow hits 10K

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Uploaded by on Oct 14, 2009

The Dow Jones Industrial Average closed above the psychologically key 10,000 level thanks to robust earnings from JP Morgan Chase and Intel.

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  • ROFL

  • Intel's earnings, revenue and sales were ACTUALLY all down YOY and yet they spun their numbers as positive. Amazing! The only reason they were ahead of previous quarter is because they booked a 1.5 billion fine in the previous quarter which was a complete disaster There will be NO increase in tech spending, especailly PC'S. DELL PC is dying on the vine and looking to expand into other areas to spread the risk. No one is looking forward to Windows 7 and will not be willling to pay for an upgrade

  • The dollar's value is getting hammered. This is inflation, this is false prosperity.

  • Yippee - somehow I really don't believe it.

  • boring as hell

  • Over 10000, huh? More lies from the greedy executives of bank & insurance companies. If the Dow was at 500 it would be more honest. The NYSE is a casino. The greedy bank & insurance execs are the casino owners trying to get customers to come on in & piss their money away. Why can't these greedy skunks find some humility? They've already stolen & wiped out the life savings & incomes of millions of innocent hard-working families just to feed their own lust. Now they want to start thieving again.

  • ITS OVER 10000!

  • and how do they think the earning reports from companies look good? they slashed workers so the gross revenues go up. more simple minded reporting please.

  • Ain't gonna last long. It's a Democrat deception until they get everything and everyone controlled under the hiding of the health care bill and then with a Global Warming bill.

  • Mission Accomplished!

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