STOCK MARKET WATCH -- Monday, 23 January 2023
STOCK MARKET WATCH, Monday, 23 January 2023
Previous SMW:
SMW for 20 January 2023
AT THE CLOSING BELL ON 20 January 2023
Dow Jones 33,375.49 +330.93 (1.00%)
S&P 500 3,972.61 +73.76 (1.89%)
Nasdaq 11,140.44 +288.16 (2.66%)
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Currencies:
Gold & Silver:
Petroleum:
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Quote for the Day:
At the same time, businessmen were prompted by economic expansion to try to assert firmer control of government, especially of those state and local agencies that managed policies important to economic development. In the mid-nineteenth century, government had been only intermittently involved in economic affairs, mainly by dispensing particularistic benefits, such as land grants and favorable tariff rates. But in the decades of rapid and unregulated industrial growth after the Civil War, economic elites began to demand much more. These demands anticipated the large role that government on all levels would eventually come to ply in a developed capitalistic economy by bringing order to markets, reducing barriers to entry, assuming many of the costs of production, and by alleviating some of the side effects of untrammeled capitalist growth.
Frances Fox Piven and Richard A. Coward. Why Americans Still Don't Vote, And Why Politicians Want It That Way. Beacon Press. (c) 2000.
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