Thursday, October 15, 2009

Dow at 10,000? Wake me when it's 14,000

Date: Thursday, October 15, 2009

Dow at 10,000? Wake me when it's 14,000

Hooray, we're back to 1999 levels on the Dow Jones Industrial Average.

CITI RESULTS DRAINED BY LINGERING CREDIT LOSSES

Citi reports per-share loss on credit woes; stock falls

GOLDMAN POSTS HIGHER PROFIT, BUT REVENUES WEAKEN

Goldman Sachs says its third-quarter profit nearly quadrupled from
year-ago levels amid strong performance across the company's business
units and notes that economic conditions are improving.

U.S. CONSUMER PRICES RISE 0.2% IN SEPTEMBER

U.S. consumer prices drifted higher in September, led by higher prices for
cars, energy and medical care that offset the first declines ever
recorded in residential rents and home-ownership costs, the Labor
Department reports.

U.S. JOBLESS CLAIMS SINK 10,000 TO 514,000

The number of people filing for state unemployment benefits fell by
10,000 to a seasonally adjusted 514,000 in the week ending Oct. 10,
the Labor Department reports.

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