NEW YORK — The Dow Jones industrial average is trading over 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market. The market has been marching steadily higher since bottoming out in March 2009 in the aftermath of the financial crisis. The rally continued after the election of […]
Dow Jones
Posted inLewiston-Auburn, The Franklin Journal
Great Falls Forum to feature the Maine Center for Public Interest Reporting
LEWISTON — This month’s second session of the Great Falls Forum will take place on Friday, Oct. 17, and will feature John Christie and Naomi Schalit from the Maine Center for Public Interest Reporting. The topic of the session will be “The Role of Investigative Reporting in Maine’s Democracy.” The lecture will take place from […]
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Posted inNation / World, sj-web
Fed act sends stocks soaring
WASHINGTON (AP) — The Federal Reserve on Wednesday sent its strongest signal of confidence in the U.S. economy since the Great Recession, deciding that the nation’s economic prospects are finally bright enough to withstand a slight pullback in stimulus spending. Yet the Fed also made clear that it will keep supporting an economy that remains […]
Posted inBusiness, sj-web
Dow Jones goes above 16,000 for first time
NEW YORK — U.S. stock market indexes are trading above major round-number milestones. The Dow Jones industrial average crossed 16,000 early Monday, dipped briefly, then rose again. The Standard & Poor’s 500 index, after piercing 1,800 in early trading, crisscrossed the milestone several times. Stocks have been rising sharply this year as the U.S. economy […]
Posted inNation / World, sj-web
Dow closes at another record
NEW YORK — There weren’t any major economic developments or blockbuster earnings. But that didn’t stop investors from pushing the Dow Jones industrial average to another record Wednesday. Instead, investors focused on the big economic news yet to come this week — third-quarter U.S. economic growth on Thursday and the October jobs report Friday. Both […]