Despite
rising oil prices, subprime mortgage woes and the ongoing weakness of the
housing market, the Dow Industrials kept meeting and surpassing old markers as
our session rolled to a close June 29, 2007.
A
slew of mergers and acquisitions fueled an upsurge in the market this trading
session ended May 31, 2007. The upswing carried the Dow industrials to new
heights.
The Dow Industrials kept climbing into new territory
during our session ended April 30, 2007, boosted by earnings news and only
slightly cowed by an April drop in consumer confidence brought on by high oil
prices.