U.S. stocks advanced Wednesday, as a more optimistic view of what Japan’s future rebuilding means for the global economy overrode concerns about a troubled U.S. housing market and higher oil prices.
“Because they [the Japanese] are going to have to rebuild, it is going to add to the overall expansion,” said Robert Pavlik, chief market strategist at Banyan Partners.
http://www.marketwatch.com/story/us-stocks-decline-for-a-second-day-2011-03-23?siteid=yhoof
“Because they [the Japanese] are going to have to rebuild, it is going to add to the overall expansion,” said Robert Pavlik, chief market strategist at Banyan Partners.
http://www.marketwatch.com/story/us-stocks-decline-for-a-second-day-2011-03-23?siteid=yhoof
Dow Jones Industrial Average
(DJI: ^DJI )| Index Value: | 12,086.02 |
|---|---|
| Trade Time: | 4:03PM EDT |
| Change: |  67.39 (0.56%) |
| Prev Close: | 12,018.63 |
|---|---|
| Open: | 12,018.40 |
| Day's Range: | 11,972.61 -12,116.14 |
| 52wk Range: | 9,596.04 -12,418.00 |
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