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Baytown Sun in Baytown, Texas

30 Aug 2003

Page 9

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Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Aug 30, 2003

Page

9

Market ends August with light trading ahead of Labor Day

Tech stocks extend monthly gains while blue chips rise for the seventh straight month. The Dow gains 41.61 to 9415.82, Nasdaq up 10.27 to 1810.45, S&P 500 up 5.17 to 1008.01. Volume light as traders take summer vacations. Greenspan reassures on deflation risk. Goodyear falls on 500 job cuts. Starbucks climbs on higher same store sales. PeopleSoft upgraded to outperform. Russell 2000 up 1.61 to 497.42.

MENTIONED IN THIS ARTICLE

NEW York — Tech Dow S&p Wall Street Goodyear Tire & Rubber Co Starbucks Corp PeopleSoft Robert W. Baird New York Stock Exchange Russell Aid Kroger Labrizni Lucent NY BetSouth I Vittan Nastrg Spartan Boeing NY Ae Bulnsf Nerorata Enek NI Corp ChermiTax NORE PepsiGa Pepasree IweuiGos OhioArt ConAgea Merrimac Quatcom AK Steal Crowne NY Spirent Holt Ashwich Hama Disney Sears Tate Siruss Nash Helo DuPont ukeEny Ny SanthaCo RY EMC Cp Lucent SuMicn Nast Am GenElsony Nexteig Japan RiteAid Ince Pel Intel Wasd
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Gasoline in Texas Rises 7 Cents to 1.60 a Gallon

AAA Texas reports self serve regular averaging 1.60 a gallon as Labor Day travel rises with over 2.5 million Texans taking trips 50 miles or more. Dallas leads at 1.61, San Antonio at 1.56, while refinery shutdowns amid outages push prices up nationally.

MENTIONED IN THIS ARTICLE

Texas Houston AAA Auto
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Consumer spending up 0.8 percent in July in rebound

Americans boosted July spending by 0.8 percent, the largest gain since March, aided by President Bush's tax cut. Discretionary income rose 1.5 percent, with durable goods up 2.1 percent and savings at 3.8 percent as markets advanced modestly. Greenspan warned on deflation risks while signaling rates could stay low.

MENTIONED IN THIS ARTICLE

Wall Street Fed Commerce Department Bush Federal Reserve
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Crude prices edge up amid unrest and tight stocks

Crude oil futures in New York rose slightly as demand stays strong and inventories stay tight. Analysts cite geopolitical turmoil in Venezuela Nigeria and Iraq plus past outages from London to North America as factors supporting prices. Gasoline and heating oil futures also rose while the Nymex October crude settled up at 31.57 per barrel.

MENTIONED IN THIS ARTICLE

New York Tony Rosado Zone Energy Venezuela Hugo Chavez Nigeria Iraq London Rosado North America U.S North American Midwest Northeast Canada New York Mercantile Exchange Nymex International Petroleum Exchange Brent
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Also Mentioned on This Page

By Amy Baldwin Associated Press Chris Johnson Schaeffer Cincinnati Alan Greenspan Jackson Wyo Greenspan Rougeaw Jeannine Aversa The United States Wyoming Eral Dow Jones Dow Industrials Dow Transportation Dow Uililies NYSE SAP MidCap Russel TAT AG Wilshire UTA Ij Smins NP Ineritar Nefican Mega Pamerican Wena P Jadelty Rydex Nova Fydex IL Litermanual Siam Deliy Low Ney Investment Professionals, Inc Mene Weams Baxbers Ha High School Gretel Edward Jones Individ Stephen V. Takach Alexander Ds Baylowm Edward Jones A Reat Adwardjones EOE Texas Brokerage Asset Management W. Baker Road Baytown Texasbrokerage.com Baytown Sun
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