Sallow
The Big Bad Wolf.
- Oct 4, 2010
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Dow Breaks 16,000 Before Late-Day Pullback; Tyson, Boeing & Sony Among Climbers
Stocks broke new ground today with the Dow moving past the 16,000-point threshold during intraday trading, before pulling back to finish at 15,975. The S&P 500 also eclipsed 1,800 before retreating to 1,791, ending fractionally lower for the day. The initial gains in the market seemed to have been erased after billionaire investor Carl Icahn warned he was "very cautious" on equities, and feared stocks could suffer a "big drop." Market technicians suggested the market could see selling as stocks surpassed milestones like 16,000 on the Dow and 1,800 on the S&P 500.
Dow Breaks 16,000 Before Late-Day Pullback; Tyson, Boeing & Sony Among Climbers | Hot Stock Minute - Yahoo Finance
I know, I know..gloom and doom..right conserverinos?
16K bitches..
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