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Baytown Sun in Baytown, Texas

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Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Jun 15, 2004

Page

5

Retail sales rebound boosts May gains in U.S. economy

The Commerce Department reports May retail sales rose 1-2 percent signaling a solid recovery, following a 0.6 percent drop in April. The trade deficit widened to a record 48.3 billion dollars in April as imports climbed to a record 142.3 billion. Exports fell 1.5 percent to 93.9 billion amid inflation fears on Wall Street.

Washington America Commerce Department May U.S Wall Street Federal Reserve Russ Koesterich U.S. Equity State Street Corp Dow Jones

Inflation fears push stocks lower on Monday

Investors sold equities as higher rate worries mount after a stronger than expected retail sales report. The Dow fell 75.37 to 10,334.73 while the S P 500 slid 11.21 to 1,125.26 and the Nasdaq dropped 29.88 to 1,969.99 amid broad declines in financials and tech. International markets also eased as Japan and Europe posted declines.

New York Commerce Department Standard & Poor New York Stock Exchange Japan Europe France Britain Germany At&t Obra NY Ai Kroger Ubrzal Lucent Ny Lyonded RetalVent Gia Comptech Manzhou TetonPet RochMed Motorola NY BriEn H Norte Mar Apa Atrix CenterPat Ag PanRoyals Penney Nash PepsiCo NORE Ctgne Perntiys Ny Carel Ffrest Ny Idrugstre ConocPhil Ou Nasda Tsa Ag Mo ShawGp Lannett QLT Cualcom Ai Wsiver G Sa McLeo Pia Djia Dam Amex RoyiDut Ny Dow Transportation Ewesds Dow Ulilies DuPont Martin NY ST Dukeeoy Wyall SouthaCa St Oa Ware EnPro Ceri Swsthitt Ny Russell Ethyl NY Spoa Amex al Oa Gracie GaMor Intel Bne ABA TeneWam Awe Moyear A Inco P MP Djia Diam SunMicro Ratitan HY Andleviv Bhid American Funds Astcaa ApiiNall Hewleip NY UPSB Ammercan Wsha P BemaGold WES HomeDp NY Ussteal NY Fitelity Invest Contra XG GokiSig Cyberonic Honwtinit NY Veritas Nasd Fidely Invest Magelin WalMart HY Iar Inte Nash Walgmr NY Janusen Fiba NL IBM WellsFree Rydex Nove Lc MT -Margane Inia Notaveil Deva Fune Lipper, Inc Soares The Associated Press

Oil prices fall on OPEC output boost in June

New York traders push oil lower as a preliminary Petrologistics report shows OPEC members including Saudi Arabia plan to raise June output to 29.55 million bpd, a 1.2 million bpd rise. July NYMEX crude settles at 37.59, with gasoline futures down to 1.1525 per gallon and heating oil at 98.24 cents.

New York Saudi Arabia Organization of Petroleum Exporting Countries OPEC Phil Flynn Alaron Trading Corp Chicago New York Mercantile Exchange London International Petroleum Exchange U.A.E Ed Lilliere Energy Merchant Energy Department Energy Information Administration U.S EIA Nymex

Also Mentioned on This Page

ATO Bible School Harvest Lempie Rollingbrook Drive Barton San John Keating Chevrolet Bostoan Sim Teacers Jake Keating Bewre Beverley S. Brown Decker Dr Baytown Texas Immigration & Citizenship Enniversa Hlorvell N. Pruett S. Main Brinkley Cleaners N. Main By Michael J. Martinez Ey’s Seafood Sat Galveston Ours.com Jennifer Marcontell Rollingbrook Ste. G Edward Jones Stephen V. Takach Edwardjones Serving Inciv Community Resource Crcu.org Eth Saan Temas Ingwood Tevar Baytown Sun
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