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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.


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Recent stories on LA Observed:
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