A report that U.S. exports hit a record in April sent stocks sharply higher Thursday as investors hoped the recovery may not be as sluggish as the last week of grim economic reports suggested.
The Dow Jones industrial average rose 75 points, or 0.6 percent, to close at 12,124. The S&P 500 index rose 9, or 0.7 percent, to 1,289. The Nasdaq composite rose 9, or 0.4 percent, to 2,685.
Thursday's gains broke a six-day losing streak. It was the first time stocks rose in June. Stocks had fallen because of poor reports on manufacturing, home sales, hiring and consumer confidence.
Two stocks rose for every one that fell on the New York Stock Exchange. Trading volume was 3.5 billion shares.









By the way, I have only commented on one story today. You must be having double vision, since dementia is setting in.
You're not as sly as you think you are. You remind me of Archie Bunker, as self-unaware as he was.
It's now June 9, 2011 and the world financial system is teetering on the brink of systemic meltdown..So what has Barry done?
Unemployed people are having a harder time finding jobs than during the Great depression..Hope and Change..Good slogan, but we have NO hope things will change under president Erckle!
A Frontline documentary of how we got there: http://www.pbs.org/wgbh/pages/frontline/warning/
We all remember those days, during 2008 into early 2009, when 401K’s were wiped out. At that time, tremendous economic uncertainty seemed to have shaken the world.
Under Bush’s Republican policies, the US stock market took a nosedive, as the Dow Jones Industrial average barreled towards 6,000 points, off a 14,000 points high cliff. Billions of investment dollars would be lost, sometimes in just one day.
Main Street was hit especially hard. “861,664 families lost their homes to foreclosure in 2008,” a year before the current president took office.
By February of 2009, just after Barack Obama’s inauguration, 3.6 million jobs had already been lost.
Generally, since Obama took office, the stock market has trended higher. And while the Republican president Bush lost jobs for over 13 months straight, President Obama has greatly slowed the loss of jobs. In 2010, jobs increased under President Obama, a fact that contradicts Republican claims that “Obama doesn’t know what he’s doing.”
Honestly, I am seriously afraid to vote Republican, after what our economy experienced under their policies. Now, they want to turn Medicare into a voucher plan and Social Security over to Wall Street.
We know that there is much that has to be done to continue to move our country forward. It is worth my vote to hire Barack Obama for a second term to finish the job.
http://en.wikipedia.org/wiki/Stock_market_crash
http://money.cnn.com/2009/01/15/real_estate/millions_in_foreclosure/index.htm
http://www.huffingtonpost.com/2009/02/06/job-loss-chart-what-36-mi_n_164828.html
That Summer of recovery we had last year has returned-The sequel-Summer of recoveryII is a "Horror" flick.
Leon Panetta said today that we are also at war with Pakistan..We're on the brink with Syria as well..Where's all those war protesters who wanted to impeach Bush?
Obama's economic team have ALL left-Romer,Orzag,Goolsby,Larry Summers,etc..Someone has to take the fall.
Yep, Mipoco, thaks for bringing that to our attention. Whats fair for the goose is fair for the gander. Aint no way the Democrats wanted to see a good or strong America. Al they wnted to do was ride us down the road to ruin just to get Obama elected. Shameful!