Content Preview
Newsday 7 day/Optimum Online® subscribers click here for full access
Not a Newsday or Optimum Online® subscriber? Click here
Dow 10,000 may provide psychological comfort to economy
Photo credit: Getty Images | Traders watch prices in the Dow Jones industrial average stock index futures pit on the CME Group trading floor Wednesday in Chicago. Today the Dow closed above 10,000 for the first time in a year and seven months. (Oct. 14, 2009)
Oct. 14: Dow Passes 10,000, 1st Time in a Year
Obama: 'Economy Is in Better Shape'
First Person: the 'never-ending' Job Search
What a difference a year makes.
Last October, when the Dow hit 10,000 on its downward slide, many were fearful and anxious.
But when the Dow closed at 10,015.86 Wednesday, there was "a big exhale," a sigh of relief, a sense of optimism, said Duffy Spencer, a psychotherapist and management consultant in Westbury. As a result, she said, people may even loosen the purse strings and engage...
Newsday & ExploreLI are now available at no charge to Newsday 7-day and Optimum Online® subscribers. To continue reading, please log in or register now.
