GALLUP NEWS SERVICE
PRINCETON, NJ — The Dow Jones Industrial Average has been climbing to new heights over the past several weeks, reaching an all-time closing high of 11,960.51 on Oct. 13. The American public is apparently taking note of these trends. A recent USA Today/Gallup poll finds a majority of Americans saying it is a good idea to invest in the stock market right now. This sentiment is up considerably since April and is now at its highest point since 2000. Americans who own stock — 63% of the adult population — are much more likely than those who do not own stock to say it is a good idea to invest in the stock market, as are Americans residing in higher-income as opposed to lower-income households. Partisanship also shapes views of the market, with Republicans more inclined than Democrats to say it is a good idea to invest their money in the stock market.

This entry was posted on Tuesday, October 17th, 2006 at 6:25 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.