Boosted by the ballot: American stockmarkets
Article Abstract:
The Dow Jones Industrial Average increased 3% from Pres Clinton's election on Nov 5, 1996, to Nov 13, 1996, reaching a yearly gain of 23%. The other major stock indexes also did well. Analysts believe the market was reacting favorably to stability and Republicans retaining control of Congress.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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High jinks: America's stockmarkets
Article Abstract:
The bear market that analysts have been predicting will occur for well over a year now has not happened yet, as the Dow Jones average continues to reach all time highs. The US economy continues to boom with almost no inflation, though some predictions of a bear market persist.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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On their uppers: stockmarkets
Article Abstract:
European stockmarkets have begun to catch up with the Dow Jones Industrial Average, which recently reached an unprecedented 6,000. The growing equity market is a major factor for the robust American stockmarket. Stock and bond markets in Europe are rallying.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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