Election Day 2012: Stocks Rise as Investors Wait for a Winner
Major stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election.
Major stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election.
The New York Stock Exchange will reopen for regular trading Wednesday after being shut down for two days because of Hurricane Sandy.
The Dow Jones industrial average on Tuesday reclaimed the last of the ground it held before the carnage of the Great Recession %u2014 bailouts, bank failures, layoffs by the million and a stock market plunge that cut retirement savings in half. The Dow closed above 13,000 for the first time since May 19, 2008, almost four months before the fall of the Lehman Brothers investment bank triggered the worst of the financial crisis.
Taking note of the Dow's progress, The Wall Street Journal recently called its performance "eerie ... calm ... too quiet." Indeed, if things keep going at the rate they have been going so far, we're on track for the stock markets to gain more than 50% this year. Dow 18,000, anyone?






