Markets surge on Bush win
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Investors on Wednesday roared their approval for President Bush, and the absence of post-election rancor, with the Dow Jones industrial average closing up 101.
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By Simon English, Malcolm Moore and Yvette Essen (Filed: 04/11/2004). Wall Street cheered the election victory of President George W Bush yesterday as investors bet lower taxes on profits would lead to a stock market boom.
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US stocks rallied Wednesday, boosted by shares of health and defence companies that are seen benefiting from the re-election of President George W. Bush, but higher oil prices checked advances.
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NEW YORK : President George W. Bush&#39;s re-election sparked a broad stock rally, as Wall Street welcomed the decisive victory for the candidate seen as the most business-friendly.
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U.S. stocks soared on Wednesday, driving the Dow up more than 100 points and propelling it to an all-time high for the second day as positive momentum brought buyers into the market.
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Stocks surged on Thursday, lifting the Dow to a record, as stronger-than-expected retail sales and takeover speculation fueled optimism about the economy.
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NEW YORK - US stocks soared yesterday as world oil prices plummeted and as investors cheered the re-election of investor-friendly President George W Bush.
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Asian and European stock markets rallied Wednesday in the wake of Wall Street's overnight surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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The stock market surged last week, propelled by powerful corporate earnings and by upbeat economic reports.
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Wall Street threw a victory rally for President Bush today, driving up the entire market -- especially the stocks that investors believe will benefit from even more dominant Republican control of the federal government.
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US stocks rose sharply on Tuesday, amid a broad-based rally that included a rebound in the battered financial sector.
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Stocks soared Wednesday, with the Dow Jones industrials rising more than 120 points, as a large buildup in the nation&#39;s energy inventories and increased consumer spending sent stock buyers back to the market.
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Stocks surged on Friday after a speech by Fed Chairman Ben Bernanke spurred speculation for a benchmark interest rate cut next month and President Bush said he would help struggling subprime mortgage borrowers avoid foreclosure.
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World stock markets ended the week on a strong note as investors took heart from speeches by US President George Bush and Ben Bernanke, the Federal Reserve chairman.
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Stocks surged Thursday, with the Dow Jones industrial average closing at an all-time high and the S&P 500 finishing at its 2006 peak, as investors cheered strong earnings news from the banking sector, a drop in jobless claims and a rebound in the tech sector.
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European markets surged Thursday as a stunning comeback on Wall Street a day earlier heartened investors worried over the outlook for the U.S. economy.
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U.S. stocks surged for a second day today after tame inflation data encouraged investors already buoyed by the Federal Reserve's interest-rate cut the day before.