Categories: OLD Media Moves

Papers downplaying new stock record

Hal Morris, writing on his GrumpyEditor.com blog, noted that few newspapers this week put stories of the new Dow Jones Industrial Average records on the front page, in contrast to the huge selloff back in February that was front-page news.

Morris wrote, “Grumpy Editor, surveying Thursdayâ€™s front pages, noted The New York Times, Washington Post, Los Angeles Times, Chicago Tribune, Miami Herald, Boston Globe, Detroit News, among most other newspapers — with an abundance of breaking developments — decided to place the bright financial news elsewhere.

“This is in contrast to page 1 treatment, in many cases, following the big Feb. 27 selloff which saw the Dow industrials tumble 416 points.

“Then for a second day in a row yesterday, the Dow industrials reached another record, up 4.79 to 12808.63, although the broader market dipped from the prior day.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.