Wall Street has comeback at closing

The Associated Press NEW YORK — Wall Street pulled off a stunning comeback Wednesday, surging higher in late trading and wiping out what looked to be yet another precipitous decline. The Dow Jones industrials, down more than 323 points in earlier trading, ended the day with an advance of just under 300 points, according to […]

Wall Street plunge reflects market woes

The Associated Press NEW YORK — Wall Street extended its 2008 plunge Thursday, sending the Dow Jones industrials down 306 points and to their lowest level since last March after a regional Federal Reserve report showed a sharp and unexpected decline in manufacturing activity. Downgrades of key bond insurance companies added to the market’s black […]

Dow’s big drop doesn’t warrant intervention

By Freedom Newspapers Well, Tuesday was certainly a dramatic day on the stock market, wasn’t it? When the Dow industrials fall 416 points in a single day — even though 3.3 percent is not all that precipitous a decline — people tend to notice and ask questions. Does it signal the end of the Bush […]

Local agents feel Dow rise a good omen

By Kevin Wilson: CNJ Staff Writer Local agents are suggesting investors stand pat and enjoy the ride after the Dow Jones Industrial average closed Thursday at a record high for a third straight day. Dean Turvaville of Edward Jones Investments in Clovis said the Dow’s gains are the rewards for investors who put faith in […]