Word: index
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Dates: during 2000-2000
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...these are the professionals. As you've probably heard by now, the stock market, like some dim-witted clerk, applies a generous markdown to what it can't figure out. Thus the NASDAQ index fell 12% during election week and plunged again last Monday, crashing below 3000. It bounced back on Tuesday but was dishearteningly choppy the rest of the week. The Dow has been on its own treacherous sawtooth course, breaking the will of many who had expected a year-end rally to take shape...
Meanwhile, I'm happy to report that the Nomad can not only alphabetize tracks but cross-index by album, artist and genre. That's going to keep me occupied for some months to come...
...socially inclined investors, performance isn't the only consideration when purchasing stock. The newly launched Corporate Social Research Center on socialfunds.com's site does social and environmental assessments on more than 1,000 U.S. and foreign companies, including those listed in the S&P 500 and the Domini Social Index. It's a fast way to see how companies rank in categories like employee relations, community programs and hazardous-waste disposal...
...Monday, both indexes were ailing; by lunchtime, the Dow was down 215 points to 10,386 and the NASDAQ down 158 to 2870. The Dow tends to be more responsive to political considerations; the tech index has plenty of its own troubles to worry about. A bad profit warning from Dow component and tech bellwether Hewlett Packard helped sellers in both indexes make up their minds Monday, but it's generally agreed that the dawning of another week of election madness is starting to be a big part of the problem across the board...
...other comparisons--record against common opponents and head-to-head results--only matter when distinguishing between teams with relatively close results on the index...