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Odessa American in Odessa, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Apr 08, 1998

Page

5

Dow tops 9000 on optimism as small investors push market higher

The Dow closes above 9,000 for the first time amid optimism from small investors. Analysts cite inflation, rates, productivity and demand as strength factors while cautioning about periodic fluctuations. Recent gains fade as Tech slides. Dow ends down 76.73 to 8,956.50.

Johnck Edward D. Jones & Co Warren Financial Everen Capital Fina Financial Securities Buddy Coke Kuwait Vanguard Kerri Ginis Associated Press New York Stock Exchange Richard Grasso Dow

Dow crosses 9000 as era of growth fuels market excitement

The Chicago Tribune notes the Dow Jones Industrial Average climbed past 9000 amid talk of a possible 10000 milestone and a growing sense of wealth among Americans. It warns that earnings, inflation, and global events could temper this optimism, while markets have surged about 14 percent in 1998.

America

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