Dow Tops 9,000, Nasdaq Marches On

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	Dow Tops 9,000, Nasdaq Marches On

JICWyllie

7-23-2009 6:15 PM

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tags:

1-profits, 2-increase, 2-record, 3-us, 4-reported

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b949d928-b176-462b-a870-4b357f610614/D50BCA35-9387-4969-8856-1AC107ED2F43/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.forbes.com/2009/07/23/briefing-americas-midday-markets-equities-housing.html" href="http://www.forbes.com/2009/07/23/briefing-americas-midday-markets-equities-housing.html" style="font-size: 11px;">www.forbes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/2009/07/23/briefing-americas-midday-markets-equities-housing.html">
<P>The turn in <A 
style="BORDER-BOTTOM: 1px dotted; FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: Arial,Helvetica,sans-serif; COLOR: #003399; FONT-SIZE: 14px; CURSOR: pointer; FONT-WEIGHT: 400; TEXT-DECORATION: none" 
href="http://topics.forbes.com/market%20sentiment" rel=nofollow 
_old_href="http:%2F%2Ftopics.forbes.com%2Fmarket%20sentiment">market 
sentiment</A> seems to be driven by the earnings news, with the headlines 
looking good. Some more skeptical observers note that it might just be that 
corporate managers effectively played down expectations and that most surprises 
have been driven by companies cutting labor costs or enjoying the benefits of 
fallen commodities prices rather than reliable sales growth and margin 
expansion.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/2009/07/23/briefing-americas-midday-markets-equities-housing.html">"But most of the performance has come from cost cutting, not revenue growth</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/2009/07/23/briefing-americas-midday-markets-equities-housing.html">Median home prices dropped 15.4% during the month, to $181,800.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D50BCA35-9387-4969-8856-1AC107ED2F43/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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