It was surprising that the Dow could eke out only a 31 point (0.3%) gain, the NYSE Composite only a 0.2% gain, in reaction to that kind of news.
FORBES: Rally Looks Pooped As Stocks React Flaccidly To Fantastic Data
Hilal notes that the stock is down 8% over the last three months, versus a 3% gain for the Nasdaq Composite.
FORBES: Connect
Reflecting such optimism (as well as a certain measure of irrational exuberance), China's Shanghai Composite Index holds a 140% gain for the past 52 weeks.
FORBES: Global Supermarket
Japan's Nikkei Stock Average eased 0.1%, but China's Shanghai Composite added 0.3% to post its seventh consecutive gain.
WSJ: Dow Falls Short in Push for 13000
Hong Kong's Hang Seng Index was down 0.5%, while the Shanghai Composite Index was fighting the trend with a 0.1% gain.
WSJ: Asian Shares Down; Nikkei Underperforms
Elsewhere, China's Shanghai Composite rose 0.1%, to notch its eighth straight gain.
WSJ: Blue Chips Eke Out a Gain
China's Shanghai Composite surged 4.2%, the biggest single-day percentage gain since October 2009.
WSJ: Global Data Lift U.S. Stocks
The 25 stocks listed here a year ago posted an average price gain of 16% versus an 8% rise in the Nasdaq Composite index.
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