Home Register FAQ Members List Social Groups Calendar Search Today's Posts Mark Forums Read

Go Back   Smart Dollar > Smart Dollar > Stock Market

Reply
 
Thread Tools Display Modes
  #1  
Old 05-02-2008, 03:12 AM
kst$ kst$ is offline
Senior Member
 
Join Date: Dec 2007
Posts: 429
Thanks: 0
Thanked 0 Times in 0 Posts
Default The Dollar gets alittle stronger

Well I like that the dollar rose alittle and that the oil prices droped alittle but I have to wonder for how long. Really the dollar only rose because of higher prices in food and gas and energy prices. So is this really good new.

Quote:
Stocks rise and Dow crosses 13,000 as dollar advances

By MADLEN READ,
AP
Posted: 2008-05-01 17:42:14
NEW YORK (AP) - Wall Street shot higher Thursday as investors, while anticipating another dismal jobs report Friday, viewed the rising dollar and falling oil prices as promising signs for the economy. The Dow Jones industrial average soared nearly 190 points to close above 13,000 for the first time since Jan. 3.
Stocks rise for the first time since Jan 3
by Madlen Read

I hope everyone that wanted to sell there gold got on the band wagon early because now gold has droped in prices. Thats one thing about the stock market somethings go up and somthings go down . We as the consumer have to figure out which is more important I guess.
Reply With Quote
  #2  
Old 05-02-2008, 01:24 PM
rachael24 rachael24 is offline
Member
 
Join Date: Apr 2008
Location: Binghamton, NY
Posts: 43
Thanks: 0
Thanked 0 Times in 0 Posts
Default

I really dont think it is going to last...Like you said, it is probably because of the higher gas, energy and food prices. We will have to wait and see I guess.
__________________
Finance graduate with a debt settlement concentration.
Reply With Quote
Sponsored Links

Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 11:57 PM.
Style Developed by Andrew Slane

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd. 2008
Contact Us - The Smart Dollar - Archive - Top