Dow nears record after strong housing report; back-to-back gains erase Monday's big drop

  • Article by: STEVE ROTHWELL , Associated Press
  • Updated: February 27, 2013 - 11:28 PM

NEW YORK - The Dow came within 60 points of its all-time high Wednesday, rising sharply for a second straight day.

  • 10
  • Comments

  • Results per page:
  • 1 - 10 of 10
viqueenfailFeb. 27, 13 3:13 PM

This is what comes of Obama's socialist tinkering with the economy. See what the liberals have done?!?

17
4
xyz123qFeb. 27, 13 3:40 PM

This is what happens when liberal government spending is throttled back just 2.5% on future rate of spending growth!!!

7
14
ginny6Feb. 27, 13 4:14 PM

The righies are proved wrong again. The stock market historically performs better when a Democrat is President. Thank you, President Obama!

15
6
plotzyFeb. 27, 13 6:00 PM

Before we fall over ourselves praising Obama.... we should look at the national debt first... then realize Obama has proposed no plans to fix it... Then look around at our neighbors and think "does it feel like record economic times..." Then look back at the stock market and wonder how long it will stay here.

4
9
theagonybhoFeb. 27, 13 6:16 PM

The article should read Dow soars after strong fake housing report. The only reason the housing market is ok right now is artificially low interest. The stock market would be weak if the feds wernt printing 80 billion a month. This house of cards will come down.

6
8
SorghastrumFeb. 27, 13 6:24 PM

Whether an Administration is Republican, Democrat, Socialist, Whatever; the markets cannot grow indefinitely. Resources are finite and the global economic system is based upon unlimited growth. This is no longer possible. It's mainly hype.

3
1
goferfanzFeb. 27, 13 8:35 PM

Santelli was predicting a future crash, somewhere in 3-10 years. He cited how the President doesn't brag about the market, as it is being juiced by the Fed keeping interest rates near zero, so retirees are forced into the market with their 401k's, whereas in past decades they would move much into fixed income investments as they neared retirement. That isnt an option now, as .01% is a low return on fixed investment. What a debacle....

3
2
Truckman182Feb. 27, 13 8:52 PM

The article should read "Great American Capitalist System Soars Even As Obama Tries to Stop it!"

0
3
Truckman182Feb. 27, 13 8:56 PM

Amazing how fast we forget history. Do none of you remember March of 2000 when the NASDAQ crashed or how about October 2007 when the Dow peaked at 14700. There is a reason gold is at $1700 an ounce right now....

1
3
garagewineFeb. 27, 13 9:30 PM

Great news. I guess this means the federal government will be cashing out its ownership stake in the "new" GM, right?

0
2
  • 1 - 10 of 10

Comment on this story   |  

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT