NPR logo

Wall Street Heads Into Holidays With Optimism

  • Download
  • <iframe src="https://www.npr.org/player/embed/132304305/132304287" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Wall Street Heads Into Holidays With Optimism

Business

Wall Street Heads Into Holidays With Optimism

Wall Street Heads Into Holidays With Optimism

  • Download
  • <iframe src="https://www.npr.org/player/embed/132304305/132304287" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The stock market is closed Friday for the holiday weekend, but the Dow Jones Industrial Average edged up 14 points Thursday, the highest level since August 2008. According to some traders and analysts, recent data seem to be pointing toward a slowly recovering economy.

STEVE INSKEEP, host:

NPR's business news starts with the Dow at a two-year high.

(Soundbite of music)

INSKEEP: The stock market is closed today for the holiday weekend, but it's not such a bad weekend to stand pat. The Dow Jones Industrial Average edged up 14 points yesterday, finishing at 111,573. That is the highest level for the stock market since August of 2008, before depths of the financial crisis. According to some traders and analysts, recent data, including a relatively strong holiday shopping season, seem to be pointing toward a slowly recovering economy.

Copyright © 2010 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

We no longer support commenting on NPR.org stories, but you can find us every day on Facebook, Twitter, email, and many other platforms. Learn more or contact us.