Oct 14
Dow approaches 10,000: Encouraging earnings reports by JP Morgan and Intel are being offset a bit by so-so retail sales numbers for September (much of it due to the drop in car sales). Dow is up about 80 in early trading. This could be a good day to keep an eye on the market. Big profit for JP Morgan: Much improved numbers are the result of higher fees and increased earnings in the investment banking area. Countering those gains were losses on credit cards and mortgages. From the NYT:
