Nasdaq Tops 2000 As Dow Rises On Holiday Optimism
Nasdaq composite breaks 2000 for first time in about two years, closing at 2006.48 after a 1.7 percent gain. Dow Jones Industrial Average climbs over 120 points amid optimism about 2004 and strong Mastercard consumer spending up 6.5 percent. Portfolio managers eye January as a typically favorable month despite heightened terror alerts and mad cow disease concerns.
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Dow Jones Industrals
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Brian Bush
Equity Research
Stephens Inc
U.S
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The
Associated Press
Mark Hulbert
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New Year Eve events light up Baytown area venues
Cedar Bayou Baptist Church hosts a New Year’s Eve lock-in with pre registration 25 per child and 10 for each additional, call 281 428 1940. Softtails Ice House offers $1 drinks live band and 5 cover at 1800 W Main St. call 32 556 2070 for details. Riverside San Marina on River Road hosts food live entertainment champagne toast. Baytown Little Theater gala tickets 30 in advance at 281 424 7617. Crosby Church of Fellowship hosts 7 pm to 1 am lock-in with midnight communion. Jil Harmonie from Dallas performs. 5725 Highway 90 Crosby. Al White and Chaparral perform at White’s Park Hall Anahuac 8 pm to 1 am. $20 per person. reserve via Chamber at 409 267 4190. Eastside Honda venue youth concert cancelled.
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al White
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Market Trends and Bear Market Lessons for 2003
Recent surveys show investors remain optimistic about long term market returns, with 61 percent expecting 10 percent or more, while near term advice favors conservative expectations and risk controls. The piece discusses presidential and economic cycles, active management, and how managers like Gary Clemmons position portfolios in uncertain times.
MENTIONED IN THIS ARTICLE
John Templeton
Templeton Fund Family
Oil futures fall on warm Northeast as holiday week slows trading
New York crude settled 46 cents lower at 32.40 a barrel as warm Northeast weather and soft natural gas prices weigh on the market. Brent on the IPE rose to 29.31 a barrel while NYMEX volumes stay thin amid the New Year holiday.
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