Skip to main content
  • CNSNews.com
  • MRC TV
  • Biz & Media
  • Culture & Media
  • TimesWatch
  • Take Action!

Join Us @:
Facebook
Twitter
Amazon Kindle

Tell the Truth campaign logo
NewsBusters.org logo

February 10, 2012
  • Home
  • Blogs
  • About
  • Forum
  • Contact
  • Donate
  • Search
  • Account
  • RSS
Home » Blogs » Tom Blumer's blog
  • CNN Reporters Call CPAC a ‘Conservative Petri Dish’
  • Chris Matthews Reacts to JFK Mistress: Kennedy a Hero Who 'Still Arouses the Country'
  • Covering Up JFK’s Roguish Behavior for 50 Years Not Long Enough for NBC’s Viewers
  • Bozell: It's 'Hilarious' CNN Suspended Roland Martin for Inoffensive Tweet; Maybe 'Lefty Loons at MSNBC' Can 'Scoop Him Up' Now
  • CNN Responds to Bozell Letter Demanding Coverage of Catholic Outrage at Obama; We Reply
  • Barbara Walters: It's 'Heartbreaking' to Force Women to View an Ultrasound Before an Abortion
  • MRC Study: ABC and NBC Anything But Fast and Furious On Gunwalking Scandal
  • Bozell Column: The Secular Media vs. Religious Liberty

Old Media and This Week's Markets: Who Knows They're Up -- Quite a Bit?

By Tom Blumer | January 25, 2008 | 09:28

Change font size:  A |  A
Tom Blumer's picture

The tone of this week's reporting on the US stock markets would lead you to believe that even though Wednesday and Thursday were pretty good days, the markets are down for the week.

That's completely wrong.

The Dow is up 279 points (2.3%):

Dow012408.jpg

How about the broader S&P 500? It's up almost 27 points (or 2.0%):

SandP012408.jpg

The NASDAQ, weighed down not by actual results, but by gloomy expectations from the likes of Apple and Ebay, is only up by a bit less than 21 points (0.9%):

NASDAQ012408.jpg

A quick review of business press coverage shows why most people probably don't know that the markets are, heading into Friday's opening, up for the week. It's because there may not be anyone who's actually reporting that fact.

Examples:

  • It's not here at the New York Times (Jan. 25 -- "With a Day of Steady Gains, U.S. Stocks Join in a Global Rebound").
  • It's not here at the Washington Post (Jan. 24 -- "Wall St. U-Turn Pulls U.S. Stocks Out of Nosedive"; the Dow and S&P were positive for the week at the close on Wednesday).
  • This pre-opening report today from the Associated Press ("U.S. Stocks Head for Strong Open") gets close as it describes the events of the week thus far in the second-last paragraph, but doesn't actually say that this week has been positive.

This seems to be a pretty obvious piece of missing information business readers should know. Why is it missing?

Cross-posted at BizzyBlog.com.

Share this
  • Economy
  • Stock Market
  • Wire Services/Media Companies
  • Associated Press
  • New York Times
  • Washington Post
  • Major Newspapers
  • Tom Blumer's blog
  • Login or register to post comments
  • Printer-friendly version
Donate to NewsBusters

Donate to NewsBusters Today!

This form needs Javascript to display, which your browser doesn't support. Sign up here instead

User Shortcuts

Log in

  • My account
  • My buddylist
  • Log in to check messages
  • RSS feed
  • About NB
  • Contact us
  • Jobs
  • Advertise on NB

 

 

  • Where are the blacks for Roland Martin? (NRO/Media Blog)
  • Turkish Islamists turn church into mosque (Commentary)
  • CNN suspends Roland Martin (Big Journalism)
  • Birth control mandate is unconstitutional (National Center)
  • Obama's Catholic 'problem' (S.E. Cupp)
  • Debt crisis not inevitable for America (Williams)
  • Catholic 'Obamacan' says he may have to reconsider in 2012 (CNA)

RSS FeedAmazon KindleFacebookTwitter

Recent comments

  • The truth?!? Boooorinnng
    3 min 52 sec ago
  • statutory rape in all but name
    6 min 25 sec ago
  • He's Off His Meds
    13 min 6 sec ago
  • Damn I missed it
    23 min 24 sec ago
  • Their greatest nightmare
    25 min 10 sec ago
More >

Obama's Bully-the-Catholic-Church Pulpit
more cartoons
  • Dan Savage Says FRC Leader 'Dances a Jig' at Teen Suicides
  • Cornel West Scolds Al Sharpton: 'Tell the Truth About the White House'
  • Politico: Is Nancy Pelosi A 2012 Asset, or Not?
  • CNN Demeans Republicans as Drag Queens
  • Democrat: Fox News Is 'The Enemy,' Hates 'Working Men and Women'
More >
NewsBusters

Executive Editor
Matthew Sheffield

Editor at Large
Brent Baker

Senior Editors
Tim Graham
Rich Noyes

Managing Editor
Ken Shepherd

Associate Editor
Noel Sheppard

Contributing Editors
Tom Blumer
Geoffrey Dickens
Dan Gainor
David Limbaugh
Lachlan Markay
Mithridate Ombud
Clay Waters
Scott Whitlock

Senior Contributor
Mark Finkelstein

Editorial Associate
Aubrey Vaughan

Contributing Writers
Matthew Balan
Michael M. Bates
Erin R. Brown
Jack Coleman
Kyle Drennen
Douglas Ernst
P. J. Gladnick
Stephen Gutowski
Matt Hadro
D. S. Hube
Kathleen McKinley
Dave Pierre
Amy Ridenour
Julia A. Seymour
Terry Trippany
Rusty Weiss
Brad Wilmouth

Publisher
Brent Bozell

Site Design
Dialog New Media

 

  • Home
  • Blogs
  • About
  • Forum
  • Contact
  • Donate
  • Search
  • Account
  • rss
  • CNSNews
  • MRC TV
  • Biz & Media
  • Culture & Media
  • Take Action!
  • Twitter
  • Facebook
  • Amazon Kindle
  • Advertise
  • Jobs

Copyright © 2005-2012 NewsBusters. Terms of Use.