OLD Media Moves

CNBC coverage of Dow record reminiscent of old days

October 4, 2006

The TV Newser blog writes that business cable network CNBC’s coverage Tuesday of the Dow Jones industrial average closing at a new record reminded some viewers of its coverage before the tech bubble burst.

TV Newser wrote, “CNBC is pretty excited about the Dow’s record high. The Dow Jones Industrial Average set a new record of 11,727.34 today, beating the previous record of 11,722.98 in 2000.

“To celebrate, Maria Bartiromo is reporting live from the New York Stock Exchange, Bob CNBC and the DowPisani is providing special perspective, Larry Kudlow will host a special edition of Kudlow & Co., and Dylan Ratigan will anchor a special edition of On The Money.

“Also: According to two tipsters, some CNBCers think management is ‘beating the Dow record to death…’

“Update: 10:28pm: ‘The Dow special is very reminiscent of the ‘Dow 9,000,’ ‘Dow 10,000,’ ‘Dow 11,000’ etc. specials CNBC used to do in the ‘good old days,’ an e-mailer says…”

Read more here.

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