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20 Years Later: The Lesser-Known 'Black Monday' Of 1997
Friday, October 27, 2017 - 7:25am | 550By the time the dust settled that Monday in October, nearly $700 billion in market capitalization had been eradicated in what was then the biggest one-day point drop in in the Dow Jones Industrial Average’s history and tenth largest percentage drop since 1915. No, this isn’t the story...
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The Dow At 20,000: Does It Mean Anything?
Wednesday, December 14, 2016 - 3:25pm | 663The post-election stock market rally has propelled the Dow Jones Industrial Average to new highs. Tuesday’s intra-day peak of 19,953.75 is just a stone’s throw away from 20,000. But does Dow 20,000 hold any real significance? El-Erian Weighs In Mohamed El-Erian, chief economic...
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Stocktober Surprises: 147 Years In Review
Friday, October 28, 2016 - 2:34pm | 799October is treading the middle-of-the-road, without any major pullback, keeping the indexes off the correction territory, or a notable move to the upside. October: Typically A Strong Month By historical trends, October is typically a better performing month for the markets. Argus pointed out in a...