MARKET CURRENTS
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MARKET CURRENTS
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Friday, May 24
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5:00 PM Here's an interesting tidbit about the Dow, which managed to edge up again today: The blue-chip average has gone 101 trading days without a three-day losing skid, the longest stretch in its history. The closest run to what we're seeing today came in 1935, when the blue-chip average went 93 days without a three-day losing blip. (video) Comment!
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11:46 AM Iranian hackers have escalated a campaign of cyberassaults against U.S. companies and were able to gain access to control-system software that could allow them to manipulate oil or gas pipelines, proceeding "far enough to worry people," WSJ reports. Sources don't name the companies targeted but were energy companies along the Canadian border, where many firms have operations. 2 Comments
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8:31 AM Apr. Durable Goods: +3.3% vs. +1.1% expected, -5.9% prior (revised). Ex-transport +1.3% vs. +0.4% expected, -1.7% prior (revised). Comment!
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