STATE OF BUSINESS: The Kennedy Climate

The stock market last week took a look at the President-elect of the U.S. and decided that it was not dismayed by what it saw. Building on a strong tone the week before election, it bounded upward when Kennedy's election was assured. In heavy turnover, stocks broke through the 600 barrier on the Dow-Jones industrial average, ran up a 12.54 gain for the week (to 608.61) in one of the year's best rallies.

Part of the market's rise was due to the end of the pre-election uncertainty. There was also an expectation of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!