Wednesday, April 7, 2010 as of 11:14 AM ET
BMO Harris Bank, N.A. is a Chicago-based bank.
Read More at Wikipedia ›The last time the blue chips traded above the 13000 level before Tuesday, Hillary Clinton and Barack Obama were locked in a heated primary war, doomed investment bank Lehman Brothers was still solvent and Apple (NASDAQ:AAPL) traded at just $132 a share.
While Wall Street still faces a number of hurdles, including Europe’s debt mess and Iran’s saber-rattling, it seems likely that the Dow’s ability to surpass this threshold will further boost market confidence and simultaneously lure at least some retail investors back into the markets.“Dow 13000 is one of those headlines that definitely confirms people’s hopes. It does have a way of drawing enthusiasm into the market, in spite of valuation,” said Peter Kenny, managing director at Knight Capital. “Dow 13000 will improve market sentiment in and of itself.”Tuesday’s milestone builds on an already strong start to 2012 and leaves the benchmark index up nearly 100% from its 12-year low close of 6547.05 in March 2009. The last time the Dow clo...By Cameron FrenchTORONTO (Reuters) - Canada's banks appear set to handily absorb stiffer global capital and liquidity rules being developed by the Basel banking comm...
Harris Private Bank CIO Jack Ablin argues we need to add incentives to create more jobs.
We break down whether the results of Super Tuesday will impact the midterm elections.
Ablin on market visibility & volatility.
The bipartisan debt Supercommittee is expected to announce Monday that after three months it has hit gridlock on finding spending cuts to bring down a record federal...
Though the economy may be struggling, a CreditCards.com/Bankrate.com survey of gift card issuers shows that the gift card industry continues to innovate, with digita...
Jack Ablin, Harris Bank CIO, on Ben Bernanke's announcement today and where people should invest in these volatile markets.
If Las Vegas is taking bets on the chances the U.S. will succumb to another recession, it’s likely new data released on Thursday would tilt the odds more in favor of...
Jack Ablin, CIO of Harris Private Bank, weighs in on how the European debt crisis and oil prices are affecting the market.
Harris Private Bank CIO Jack Ablin on what the setback for the job market recovery will mean for the economy and markets.
As a changing gift card industry offers new incentives and protections for consumers, a CreditCards.com/Bankrate.com survey of card issuers shows that some cards del...
