Paris in tears, stocks soar

Bet you never thought you'd see a headline like that, eh? Not that we're suggesting anything, but it just so happens that the Dow lost almost 200 points on the day that PH was released from the pokey, and it's now up around 150 points on the day that she was ordered back in. For stock watchers in search of more conventional explanations, bond yields fell a bit after yesterday's runup, McDonald's had a good May, and National Semiconductor posted better-than-expected earnings. Locally, most everybody did well today, but many of the gains didn't make up for yesterday's losses.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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