Saturday, April 04, 2009

Dow closes over 8,000

The faux 'recovery' is slowly underway.
clipped from news.yahoo.com
A trader looks works on the floor of the New York Stock Exchange on Thursday,

NEW YORK – Not even grisly job losses could get in the stock market's way Friday.

The last time the Dow rose for four consecutive weeks was between September and October of 2007 — when the index reached its all-time high above 14,000.


"The bazooka might be put away," she said, "or at least be leaning in the corner for a while."


Japan's Nikkei stock average closed 0.3 percent higher, while Britain's FTSE 100 fell 2.3 percent. Germany's DAX rose less than 0.1 percent and France's CAC-40 fell 1.1 percent.

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