Stocks rise on Fed rate hike as market shrugs
Wall Street closed the first half of 2004 higher after the Federal Reserve boosted the benchmark rate 0.25 percentage point to 1.25 percent. The move, telegraphed and modest, left major indices up while investors awaited labor data and second quarter earnings. Companies like General Mills Monsanto and Research In Motion posted solid results, supporting the positive tone.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Federal Reserve
Fed
Jack Caffrey
JP. Morgan
America
Labor Department
Brian Bush
Equity Research
Stephens Inc
General Mills Inc
Monsanto Co
Monsanto
Research In Motion Ltd
Crude futures rise on inventory data and OPEC comments
Crude futures jumped about 4 percent after weekly inventory data missed expectations while Saudi Arabia signaled no need to alter production. August crude settled at 37.05 a barrel on the NYMEX, Brent at 34.50. OPEC members signaled comfort with prices as plans to raise output continue, with a July 21 meeting to review policy.
MENTIONED IN THIS ARTICLE
Kreger i
Alstair
Landsys Ny
ApkiMatt
Lucent Bs
McDiikds
EnisBu
Eurotechs
BP PLC
Cenveo
Xenova
Miernsoft Nash
OM Srp
Stonepath
World Air
TetonPet
Schmitt
Barinsf
jAmrep
CampSp
PepsiCa
Peraifys
InfoSonica
Refiantén
RetailVent
GanyonRes
GriliGen
Ntwkeq Baz
Arhyth
HS USA Diam Amex
Sblcom NY
Dow Industrals Skechers
NatiGolin
aQuantive
Wa Devine
Schergel NY
Dow Transportation
TylerTech
Ingsves
RigelPh
Disney
Schimb NY
Dow Utilties Tax
integBioPh
Stratasys S
DowChm Wat
Stgestrwia
DukeBoy
SouttinGa NY
Swett NY
EnPro NY
S&p
Most Agtve
Boon
Russell
Sunvicro
Wilshire
Intel
Gerflec NY
Cisco
GnMott NY
atGenElec
Djia Diam
Sirus
Gillete
Ald
Amcas
Matarala
Wheatr Gg
Oracle
Goodrich NY
TimaWarn
TA al
Ba Amd
iSb
Japan
JOS Umiph
Halibtn
Tycolnt
Name Pfizer
Intap
ApkiMati
Ett NY
BA Unilevny NY
Amatican Funds A
Incoa P
Novell
Jefcan Funds A
WalMart
AZ Taser Ss
Honilint RY
Usstee
Amatican Funds Ac
Goodyear
Reiaiht
GienaCp
Biel Nasd
Veritas
Fidelity Invest
IBM NY
AAF Verizonom NY
Ey Invest
Magazin
Amex
WalMat NY
Teaty Sds Unich Nash
Jjanus
Olympus
Janus
Wadi
WetsFign
Nava
Rydex Invest
OFC
The
Associated Press
aiTcas
Miramuam S
New York
Saudi Arabia
Nauman Barakat
Refco Energy
New York Mercantile Exchange
London
International Petroleum Exchange
Ali Naimi
Qatar
OPEC
Nigeria
Petroleum and Energy
Austria
Texans See Limited Benefit From Federal Sales Tax Deduction
Lobbying group says only about 23 percent of Texans itemize federal returns, roughly 2.1 million of 9.2 million in 2000, would gain from a tax deduction for sales taxes. It warns the change could prompt higher state sales taxes and shift tax incentives away from property taxes for schools.
MENTIONED IN THIS ARTICLE
Washington
Texas
Center For Public Policy Priorities
U.S. House
IRS
Dick Lavine
Kevin Brady
Brady
the Woodlands
America
Also Mentioned on This Page
Wechael J. Martinez
Josh Feinman
Dentche Asset Management
Gregory Bull
New York Stock Exchange
Carpethaus.com
N. Pruett
S. Main
Ae Last
Chg
Mar
FIBA
Val Ve Bak
Hower
Abies Wits Trabies
Fund Notin Existeo
Visa Rea Fom
Mi Bee
Petrologistics
Iraq
American Petroleum Institute
Bay Clown
Auto Rental
North Main Street
Baytown
State Farm Bank
Kenneth Mitchel
Blochainston
Statefarm.com
Jennifer Marcontell
Rollingbrook
Ste
Angrown
Edward Jones
Individua
CTU Rome
ECE
Stephen V. Takach
N. Alexander
Edwardjones.com
SIPC
Edward Jones Tinos
Mm Taga Ad
Etcare
Community Resource
Callus
Crew.org
Dewe
Trnas
Kingwood
Ito
Kiragwsed
Tevas
Baytown Sun
Cal
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