Question Details

DJIA: Will it close below 16,000 once in remaining 2013?

NY Times / DJ

DJIA: Will it close below 16,000 once in remaining 2013?

Asked by: Super Userkruijs in Business » Indices
Settled on 12/04/2013 14:00 Settled by Super Userkruijs
Winning option:Yes 15,914.62 (Dec. 3rd)

Predictions

Yes
Yes
No
No

Background

The Dow Jones Industrial Average closed Thursday above 16,000 for the first time in its history.

Officially, the Dow rose 109.17 points to finish at 16,009.99.

Investors Thursday were impressed by lower-than-expected weekly U.S. initial jobless claims; claims fell by 21,000 to 323,000. The level of claims suggests that, while the U.S. economy still is not creating enough jobs to substantially lower the unemployment rate, business are not laying off many employees, with many firms saying that are cautiously looking to add staff.

http://www.ibtimes.com/dow-16000-djia-closes-above-16000-first-time-ever-1481414

Find similar: DJIA, Dow Jones Industrial Average

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