The Dow Jones industrial average closed above 13, for the first time since 19 May , just four months before the collapse of Lehman Brothers. Analysts say it reflects a growing confidence in the US economy and solid profit reports from US companies. The Dow added 23 points, or 0. Travelers Cos. As then, the average contains 30 top-shelf companies that broadly represent U. And while the Dow may be at the same level now as in April , the fortunes of the stocks that make it up have varied widely.
The stock price of the reliably profitable fast-food giant has slightly more than doubled since then. The biggest loser has been Bank of America, down 84 percent. The only major bank stock that did worse over the past five years was Citi, down 94 percent. Every week we highlight the most timely exchange-traded fund news, from new launches to inflows and performance.
Home Investing Stocks Chuck Jaffe. Chuck Jaffe Dow 13, now; , by Published: March 1, at a. ET By Chuck Jaffe. Nvidia downgraded before earnings just because stock as rallied too much, analyst says.
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