Wall street roundup: dow 12,000. Done apologizing.
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Jan. 26, 2011 7:37 AM PT _This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts._ GOLD: Trading now at $1,328 per
ounce, down 0.4% from Tuesday. DOW JONES INDUSTRIAL AVERAGE: Trading now at 12,005.50, up 0.2% from Tuesday. DOW 12,000. The Dow Jones industrial average hit 12,000 Wednesday morning for the
first time since June 2008, nudged upward by unexpectedly good reports on home sales. OBAMA IGNORES BANKS. The State of the Union speech Tuesday night talked little about fiscal issues and
only mentioned banks once. DONE APOLOGIZING. At the annual gathering of the power elite at Davos, financial insiders appear to be over the whole contrition thing and ready to be more
assertive in dealing with regulators and governments. SPEAKING OF ASSERTIVE. The U.S. Chamber of Commerce is unrolling its strategy for battling the Dodd-Frank financial reform bill.
--Nathaniel Popper