The stock markets are the heart of the corporate world. The stock markets are where companies and business reputations are made and unmade. This site is a guide for information, news and views. There is no expertise here - simply status reports and links to specialised sites where further information is available. The stock markets help me update my knowledge of corporate India. Keeping track of businesses is the main purpose of this site. This site is not a guide for investment decisions.
Tuesday, August 4, 2009
S&P Breaks 1,000 for First Time In '09
The US stock markets are extending their summer rally as August brings more upbeat economic data. Positive reports on manufacturing, housing and banking sent US stocks sharply higher on Monday, hurling the Standard & Poor's 500 index past 1,000 for the first time since early November. The Dow also crossed the 9,200 mark for the first time since late October and the Nasdaq crossed 2,000 for the first time this year.