NEW YORK: The Dow industrials could hit 11,000 this coming week, starting March 29 as investors bet the U.S. labor market had a significant turnaround in March, showing the economic recovery is in good shape, according to Reuters.
The Dow and the S&P 500 stock indexes are at their highest in nearly 18 months and the expected repositioning before Wednesday's end of the quarter could provide further support. With the Dow closing above 10,850 on Friday, it would need to rise 1.4 percent -- or a tad less than 150 points -- to reach 11,000 level.
-the Edge-
Im really positive that KLCI ll go high surplus with NEP that ll be launched this tuesday, 30th...and its time to sell some of my portfolio..
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