Tuesday, October 03, 2006

Optimism is back in style - The stock market hit a new high today: “The Dow rushed past its all-time trading high of 11,750.28 into uncharted territory, rising as high as 11,754.55 shortly after 12:30 p.m.; it surpassed the milestone after briefly passing its record high close of 11.722.98 on Thursday and Monday. Both records were set on Jan. 14, 2000, before the stock market began a precipitous decline caused by the dot-com bust and recession and worsened by the aftermath of terrorism and corporate scandals.”

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