Solid start to year signals durable economic growth
The economy began 2004 with 4.2 percent annualized growth in the first quarter, a modest upgrade from late last year and suggesting a self reinforcing recovery. Wall Street slipped as the Dow fell 70 points while economists forecast continued expansion into midyear amid improving labor markets and stable inflation.
MENTIONED IN THIS ARTICLE
Washington
Bush
Commerce Department
Sung Won Sohn
Wells Fargo
Wall Street
United States
John Kerry
Mark Zandi
Economy.com
Apri
Federal Reserve
Alan Greenspan
Congress
Labor Department
Kerry
Evi
Stocks slide as GDP cools but rate fears persist
In New York, stocks closed lower after GDP growth came in below forecasts. The Dow fell 70.33 points to 10,272.27, with the S&P 500 and Nasdaq also plunging to multiweek lows. Analysts say the drop reflects rate worries, not a data-driven rally, as traders await the Federal Reserve meeting and Greenspan's stance on future rate hikes.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Wall Street
Federal Reserve
Todd Leone
SG Cowen Securities
Fed
Exchange Os Ee
Nyse i
Kroger
Lendiys Ny
Anna Nesd
Atmel Nash
Lyendell
Titan Tnt
Schutfine
Nee SP Ple NY
MeDnikis
Newskies
Memry
Atdhars
Bk of Am NY
Agui
Ralcarzy
WG GayTet
Primedia
Gillette
DeltaApd
ManTech
Calpine
Eldridg
OcciPel
Manser
Orion Gn
PegasGm
ChewnTen NY
Oreck Nesd i Cisox Nash NH
J Penney NY
Cito
ConAgra NY
ViasysHith
Cheniere
FaroPh
Conzxant
GonacPhil
Misus
elianEn Ny
Grattech
TRM Corp
Diem Amnex
ordicAm
Nasd
ParkDrtaas
Esstech
Schimb
TeliastEl
DuPont NY
Seas
NiwkEy, Apdextr
ABE Duetoy
Littuss Nash
EMC Co AY
SouthaCo
EnPro
Ana Swathi
Lucent
PDR
Oracle
Forde NY
Txucor Ny
Genbec NY
TrooAut
Imeem
Djia Diam
Intel
Cas
Cisco
Gilate
TimaWam NY
Motorola
iShlapan
Goodrich We
al GenElec
BemaGold
Whealey
Citigre
Ussteel NY
VerizenCm
NY St
Walla
WellsFiga
Union
Milas
Galwers
Dewar
Dow Industrials
Dow Transgertation
Dow Utilities
Nyse Composite
Amex Market
S&p
Russell
Fidelity Invest
Magelin
Olympus
Nova Uc
Aiydex
Rante Howland
Aismann
Demon
Toller
Minirmura
Lund
Lea Fastow Strikes Plea Deal To Limit Prison Time
Lea Fastow wife of Enron's Andrew Fastow will plead guilty to a misdemeanor tax form charge, replacing six felonies. Prosecutors seek 10 to 12 months, with a May 6 sentencing and June trial drop.
MENTIONED IN THIS ARTICLE
Houston
Enron Corp
Andrew Fastow
Lea Fastow
Karley Behre
Brownsville
U.S
David Hitmer
Robert Mintz
Mike DeGeurin
Enron
Fundantin Smee' Svidtanre Report Ignites US Uo Interest
A cryptic OCR line hints at US involvement with Fundantin related finances, suggesting heightened attention from United States analysts and potential international funding ties. The fragment mentions Smee and possibly a financial strategy under review by US authorities.
Gasoline hits record settlement high on Nymex
New York traders saw gasoline futures surge to a intraday peak and settle at a record high as fears of tight summer supplies outweighed demand doubts from China. May gasoline rose to a record, while crude and heating oil finished mixed as market eyes storage levels and refinery capacity.
MENTIONED IN THIS ARTICLE
New York
U.S
China
Josh Sadler
Societe Generale
Sadler
James Steel
New York Research
Refco Inc
New York Mercantile Exchange
Nymex
London
International Petroleum Exchange
Middle East
International Energy Agency
Claude Mandil
OPEC
United States
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Bill Greenveld
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Groenveld
By Kristen Hays
Associated Press
Fundantin Svidtanre Smee
Nymex Gasoline
New Settlement
CS Atienees Ag
Jennifer Marconiell
Step Hagtoan
Edward Jones
Stephen V. Takach
Alexander
Baytown
Sia
Wedwargiones, Com
Ercu.org
Seby
Boona
Meerkat Sie
Baytown Sun
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