Finance / United States
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Still Bearish Dow Jones
March 2008 | Closing BellSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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A quintupling of the offer for Bear Stearns by JP Morgan , with continued backing from the Fed to the tune of US$29bn, was a brief positive for the Dow Jones equity index last week. However, the bourse failed to make it back above the 12,750 resistance level.