Friday, June 4, 2010

Dow Closes Below 10,000


As of 4:30, the Dow Jones Industrial Average(DJIA) was down 323.32 points, to 9931.97.

I guess the Wall St. guys were not too impressed with the "Jobs Growth" or the 9.7% unemployment. Even the NY Times were incredulous.
I think they included the following line for ironic effect....

President Obama cited the new figures in a public appearance this morning as evidence that the economy is turning around.