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ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-04 09:25 AM
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13. 10:22 numbers and blather
Dow 10,639.55 +59.41 (+0.56%)
Nasdaq 2,042.32 +9.75 (+0.48%)
S&P 500 1,150.78 +5.87 (+0.51%)
10-Yr Bond 4.015% -0.031

U.S. stocks move higher on raft of positive data

NEW YORK (CBS.MW) - U.S. stocks were higher in morning trade as faster-than-expected economic growth in the fourth quarter, improving consumer sentiment, and a solid manufacturing report, reassured investors the economic recovery remained on track.

"Today's data does signify that the economy is doing quite well," said Jonathan Murray, senior vice-president, investments at Legg Mason. "The market here today seems to be building toward the buy side but it will be interesting to see if this strength can be maintained as the day continues and on what kind of volume."

U.S. economic growth slowed to a 4.1 percent rate in the fourth quarter from the frenzied 8.2 percent pace of the third quarter, the Commerce Department estimated, but well ahead of economist estimates of 3.7 percent growth.

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  -STOCK MARKET WATCH, Friday 27 February (#1) ozymandius  Feb-27-04 05:46 AM   #0 
  - WrapUp by Martin Goldberg  ozymandius   Feb-27-04 06:20 AM   #1 
  - Seems we weren't the only ones watching the NASDAQ hoovering at  54anickel   Feb-27-04 08:38 AM   #8 
     - guess it's time to hand out  UpInArms   Feb-27-04 09:04 AM   #11 
        - Not your garden variety conspiracy  ozymandius   Feb-27-04 09:19 AM   #12 
  - JOE'S DINER "Energy Supplies Still a Concern..."  ozymandius   Feb-27-04 06:29 AM   #2 
  - Depressing and scary headlines today. More war for oil in our future?  54anickel   Feb-27-04 08:55 AM   #10 
  - daily dollar watch  UpInArms   Feb-27-04 06:42 AM   #3 
  - Holy Yen Batman, and WTF  54anickel   Feb-27-04 09:47 AM   #14 
  - Good morning Ozy, UIA and all. Did you catch Lou Dobbs last night?  54anickel   Feb-27-04 07:49 AM   #4 
  - I wish that I had caught this program.  ozymandius   Feb-27-04 08:20 AM   #7 
     - Yes, it was one of those interviews that just cannot be captured in a  54anickel   Feb-27-04 08:46 AM   #9 
  - Here's a rather long article from last summer. It covers some of the  54anickel   Feb-27-04 07:58 AM   #5 
  - Another article from the same site regarding Issing and Greenspan  54anickel   Feb-27-04 08:04 AM   #6 
     - Greenspeak seemed to still be focused on Deflation rather than Inflation  KoKo01   Feb-27-04 12:10 PM   #24 
        - Hi KoKo01! That's a dang good question, and I am in the midst of  54anickel   Feb-27-04 12:59 PM   #25 
        - Thanks! I'll keep looking, too. I worry it was another warning  KoKo01   Feb-27-04 01:57 PM   #31 
           - Here we go. Warning ya, this is a long one and may leave you with  54anickel   Feb-27-04 02:41 PM   #32 
           - from The Daily Reckoning newsletter  UpInArms   Feb-27-04 02:42 PM   #33 
              - Yuck. Not a happy face to put on our future, is it? :-(  54anickel   Feb-27-04 02:54 PM   #35 
              - Deflation and inflation at the same time....We're not in Kansas anymore  54anickel   Feb-27-04 03:26 PM   #37 
        - KoKo01, the quotes from that article are from Issing, not Greenspan.  54anickel   Feb-27-04 04:28 PM   #38 
  - 10:22 numbers and blather  ozymandius   Feb-27-04 09:25 AM   #13 
  - US Treasuries trim gains on sign of jobs pickup  54anickel   Feb-27-04 10:09 AM   #15 
  - China to ease upward pressure on renminbi  54anickel   Feb-27-04 10:17 AM   #16 
  - Sorry to leave you 54anickel and everyone.  ozymandius   Feb-27-04 10:27 AM   #17 
  - Iraq's Central Bank Faces Stability Question: David DeRosa  54anickel   Feb-27-04 10:38 AM   #18 
  - Gold narrowly higher, eyes foreign markets  54anickel   Feb-27-04 10:44 AM   #19 
  - Whoa! What happened?  Shadoobie   Feb-27-04 11:05 AM   #20 
  - Here's a bit, I'm sure they will tone down the questionable valuations  54anickel   Feb-27-04 11:28 AM   #22 
  - 12:19 numbers and blather (Sorry about missing that drop!)  54anickel   Feb-27-04 11:22 AM   #21 
  - Well, this little newflash is not going to help the NASDAQ today  54anickel   Feb-27-04 11:34 AM   #23 
  - 2:04 update & blather  54anickel   Feb-27-04 01:07 PM   #26 
  - Bit more on Bush and the "Strong dollar"  54anickel   Feb-27-04 01:11 PM   #27 
     - gee, with "strong" words like that  UpInArms   Feb-27-04 01:18 PM   #29 
        - SNARF!  54anickel   Feb-27-04 01:41 PM   #30 
  - Thanks  Sharpton American   Feb-27-04 01:13 PM   #28 
  - 3:41 Check-in and blather  54anickel   Feb-27-04 02:44 PM   #34 
  - Closing numbers and blather  54anickel   Feb-27-04 03:21 PM   #36 

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