Dow maintains ascent into record territory after unemployment claims drop

  • Article by: STEVE ROTHWELL , Associated Press
  • Updated: March 7, 2013 - 3:32 PM

NEW YORK - The Dow pushed further into record territory Thursday, having surpassed its previous all-time high two days ago. The catalyst was the latest evidence that hiring is picking up.

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ciamanMar. 7, 13 2:00 PM

OK people, put on your seat belts and get ready for the big fall. One of the big Networks today had a economist whom is held in high regard and he said that we are actually in a recession but no one sees it yet. But it is here and it will show itself soon. The stocks are in some dream that is false. Do you know that Penneys is now firing 1500 of their mangers? High paid people. Do you think that is a onus wind coming here? Sure it is. The little people held on because they did not believe the stocks. Now they are diving in and will get burned again. As normal. Hello recession and goodby to the dream.

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theagonybhoMar. 7, 13 3:22 PM

More good fake news, unadjusted unemployment figures rose 20,000 btw.

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truthtimeMar. 7, 13 4:39 PM

We have nothing to fear except for fearmongers intent on bringing down the economy for political gain in the 2014 mid-terms. What's wrong guys? Did you bet on short-selling and are now losing your shirts?

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theagonybhoMar. 7, 13 5:02 PM

truthtime, a little info, the GOP will be hammered in 2014, next subject, would you invest in something the FEDS are printing 85 billion a month to prop up, i wouldnt touch the stock market with a 10 foot pole.

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kleindropperMar. 8, 13 9:38 AM

If we were really recovering interest rates would be going up. Since Wall Street is not too concerned about interest rates, it means we are not really recovering and the loose money will continue to flow.

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