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Businessweek Archives

Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARY

U.S. equities staged a broad though not especially enthusiastic recovery. The

Dow Jones industrial average ended four straight days of gains by closing on

June 14 above 3800, as investors were cheered by upbeat inflation tidings. Bond

prices rose on that day as well. But the news that consumer prices rose a mere

0.2% in May failed to sustain the markets on June 15. Stock prices declined and

commodity prices rose, as traders wagered that the Federal Reserve may again

boost short-term interest rates.


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