Stocks rally as ISM data lift markets to near 10,000
New York investors propelled the Dow 116.59 points to 9,899.05 as ISM manufacturing and construction spending beats boosted confidence after a light holiday week. Nasdaq rose to 1,989.82 and the S&P 500 reached 1,076.12 amid renewed optimism, while Wal-Mart slipped 2 percent despite stronger holiday sales.
MENTIONED IN THIS ARTICLE
New York
Institute For Supply Management
Todd Leone
SG Cowen Securities
Standard & Poor
S&p
Steven Goldman
Weeden & Co
Greenwich
Construction spending hits record high in October
Commerce data show October construction spending at 922 billion dollars, up 0.9 percent from September and a new monthly high. ISM manufacturing index rose to 62.8 in November, the strongest since 1983, surpassing economists’ 58.4 projections.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Institute For Supply Management
Advisers urge Bush to drop steel tariffs to avoid trade war
White House aides push President Bush to roll back tariffs on imported steel to head off a wide trade conflict. Critics warn keeping tariffs could invite EU retaliation and hurt key swing states like West Virginia, Ohio, and Pennsylvania.
MENTIONED IN THIS ARTICLE
Bush
Washington
White House
U.S
Europe
Office
Wade
Steel
European Union
Scott McClellan
Richard Mills
Robert Zoellick
Joe Knollenberg
R-Mich
Capitol Hill
West Virginia
Ohio
Pennsylvania
World Trade Organization
Michigan
Minnesota
Wisconsin
Jeff Flake
R-Ariz
Flake
Oil prices fall as OPEC meeting looms
New York crude futures drop while natural gas climbs as traders await OPEC's Thursday meeting. Analysts expect no policy change despite a 3.5 percent cut to output to 24.5 million barrels daily. Gas gains follow short-covering amid cooler U.S. forecasts. January crude ends at 29.95 a barrel. Gold rises to 402.70 per ounce.
MENTIONED IN THIS ARTICLE
New York
Organization of Petroleum Exporting Countries
OPEC
New York Mercantile Exchange
U.S
London
International Petroleum Exchange
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Meg Richards
The
Associated Press
Baron & Budd
Baron & Bunn, P.C. Paar
George & Mary Frazier
Market Street
Baytown
Texas
Marvin T. Boyd
Apostle Boyd
United States
Gustev
South Africa
Africa
Lara James Jordan
NYSE
Che
PeratSys
AllgaTch
Srishina
Speud
iVesiains
NamTais
TerraNtio
iName
Lucent
Norrie
iShJapan
Nau
Baldwimmich
Rivierat Exrambrigs S
Winlancel Angel Ib
Losi
TelTek
AMEX
Atlent
Asconia
Meim&s
Tormore
Nerest
AaldNall Nes
Lyondell AY. A
Neurgn
Merck NY
sAmerCom
Alair Nano
Next
Li Imetinta
Penney
NY AG
Ray
Disney
Durant Ny
Soutnnca
Exd Inc. SvesiAir NY
Io Surkusta Wead
Microsoft
Cisco
Oracle
Unilewsv
NY SunMiern
Ussteei
Vestas
Venzantr
Sven S. Sec
Hanes
Souter” Associates Pe Vetus
Dow Jones
Dow
Gacoe Arex
Sills
CIA
Bea Io
Anna
Geston
Peta Masters
Opessionals, Inc
Amit
Rose
Thayne Williams
Saedad
Prospemy Bank
Mont Bervieu
Stephen V. Takach
Alexander
Yaaw
Edwardiones
SIPC
EdwardJones
Rollingoroon
Suite C
Wenniter Marconi
Edward Jones
Bence
Baker
Texasbrokerage.com
Community Resource
Creu. Org
Eam Vevas
Ringhans
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