Markets Surge on the First Trading Day of the New Year

[babsbunny]

http://www.nytimes.com/2009/01/03/business/03markets.html

By JACK HEALY and VIKAS BAJAJ
Published: January 2, 2009

Wall Street began the new year with a surge on Friday, closing above 9,000 for the first time since early November and offering some optimism about the year as a whole.

At the close, the Dow Jones industrial average was 258.30 points, or 2.9 percent, higher, at 9,034.69, and the broader Standard & Poor’s 500-stock index was at a two-month high, rising 28.55 points, or 3.1 percent, to 931.80. The technology heavy Nasdaq was up 3.5 percent, to 1,632.21. The last time that the Dow closed above 9,000 was Nov. 5, the day after Barack Obama was elected president.

[Xipe Totec]

1. Pump & Dump n/t

[Warren DeMontague]

2. The Market's Up? WUR DOOOOMEEED!!!!!

The Market's Down? WUR DOOOOOOOMED!!!