With the major indices teetering on the edge of important support, oil prices broke to new highs as the fighting in Libya intensified in the afternoon.
To re-value the indicators of use of GDP at constant prices, relevant price indices (consumer price index, capital investments price index, etc.) and physical indicators were applied.
Auction house sales prices, and the means by which those sales are reached, clearly should be as transparent as possible, particularly when selected auction sales prices form the basis of art market indices.
Indicators of this confidence include rising stock prices and surges upward in major market indices like the venerable Dow Jones Industrial Average (NYSE:DIA).