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Baytown Sun in Baytown, Texas

19 May 2004

Page 11

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Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

May 19, 2004

Page

11

Modest Wall Street rally boosts stocks as tech leads advance

Stocks rose on modest turnover on Tuesday with technology shares posting the largest gains. The Dow gained 61.60 to 9,968.51 while the S&P 500 rose to 1,091.49 and the Nasdaq advanced to 1,897.82 as housing data suggested possible slower rate hikes. Analysts cautioned volatility and noted thin volume ahead of the Fed meeting, with Home Depot and Staples among notable movers.

MENTIONED IN THIS ARTICLE

Wall Street New York Standard & Poor Commerce Department Federal Reserve Jume Fed Scott Wren Equity ALG. Edwards & Sons Dow Home Depot Inc Staples Inc Nyse Amnex Nasoaa Hdec EK VidSanNig TetonPet oAnnSes ALL Mahanagit Yanzhou CCA Inds Nis India ABC Rep BISYS Smedvb Baxi Vican Tsakos Calpine iShlapan Djia Diam Agere Ishhrs TXU Gorp iAkoa
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Oil prices dip over $1 as markets weigh supply data

On the New York Mercantile Exchange oil futures fell more than a dollar amid a gas price drop. Analysts cited profit taking after a market rally and awaited U.S. inventory data and OPEC talks, with expectations of gasoline builds ahead of the summer demand period.

MENTIONED IN THIS ARTICLE

New York Stock Exchange Hugh Johnson First Albany Corp NEW York New York Mercantile Exchange U.S Flynn James Steel New York Research For Refco Inc OPEC Steel
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