March 22, 2003 in Iraq War

Stocks Rally

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Looks like war is good for the stock market.

NEW YORK (Reuters) – Stocks rallied strongly on Friday, lifting the blue-chip Dow to its best week in more than 20 years as investors found hope for a swift end to the Iraq war in a firestorm of missiles and bombs raining on Baghdad. The Dow and Standard & Poor’s 500 Index posted their eighth straight day of gains.




2 Comments

  1. March 22, 2003 at 12:55 pm

    ursula

    Reply

    Ironic indeed. For selfish reasons, I hope this isn’t a short rally. Like most folks, I’ve lost a bit in the market and it would be good to recover some of that loss.

  2. March 22, 2003 at 12:16 pm

    amit

    Reply

    Rather “ironic” don’t you think…since most stocks have “tanked” in the last two years!

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