Friday, May 3, 2013

DOW 15,000 !?

Does the stock market reflect the true economy or is it different? It's a market where boys like to play ... and the big boys are making a lot of money.

Stocks Hit All-Time Highs: Dow Breaks Above 15000, S&P Surpasses 1600   CNBC - May 3, 2013
Stocks continued to spike Friday, with the S&P 500 crossing above 1,600 and the Dow topping 15,000, as Wall Street cheered a better-than-expected April nonfarm payrolls report. Meanwhile, the rate of growth in the U.S. services sector slowed in April to 53.1 from 54.4 in March, according to the Institute for Supply Management, hitting its weakest pace in nine months. Economists polled by Reuters expected a reading of 54. Any reading above 50.0 indicates expansion in the sector. And factory orders posted their biggest decline in seven months, sliding 4 percent in March, according to the Commerce Department. Economists expected a decline of 2.6 percent.

Facebook: WTC Progress

Spire sections 17 and 18, the final two pieces of spire raised to the top of #OneWTC, sit next
to the already installed sections. When connected, the building will stand an iconic 1776 feet tall.

Final pieces hoisted atop 1 World Trade Center   CNN - May 2, 2013

Gabe shares a cool photo he took Thursday.