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Baytown Sun in Baytown, Texas

06 Sep 2003

Page 5

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Sep 06, 2003

Page

5

Stocks slip after jobs report halts market rally

Wall Street reversed a weeklong rise as a disappointing jobs report spurred profit taking. The Dow fell 84.56 to 9503.34, the Nasdaq dropped 10.73 to 1858.24, and the S&P 500 eased 6.58 to 1021.39, capping a volatile week with mixed signals about the economy.

MENTIONED IN THIS ARTICLE

New York Wall Street Arthur Hogan Jefferies & Co Dow Standard & Poor Amex Naspaq Allstate We Kroger Gammers Lanonys ApidMatt Nash Ale Aubrizal Ashton MetrisCos Senesco Intrioters Atmel Lyondett NY Biates Crystix Ste Intag BRPLC Ae McDindsay Agere BelBovth WY Microsoft Nagi Og Wi Ea Giusadl Rs ValpeyFsh Drawichrs Motorola Morgstan NY Ie Mane pfAn Danka Boeing Pay CapSent 478 +38 7 H4.6 INA Pallg 4.55 +26 +59 VascSot 5.70 251 #19.0 ButtNSF Ure Kesen Emeritus Highvid Calpine Rortei Tipping Campso DeciPst Richmi Gn Oracle Nase ChermiTex Penney Ny Nasday Pepsico NY Readginta Doteill Conochil Conhigre Gueicom Nesda Heartind Avetas RelantRs NY Transcat Ai CrownHatch Ag Musg Jjinpan HostAmr SitergPl NY Disney NY RaeSysn Keane DuPont DuxeEgg Schuita EnPio Val Namie Nex Lucent AMD inJapan Gisco Genzien NY Motorola WheatAan Gorvist GnMotr Pfizer GenElec SunMicro Goodrich NY Halitin Upsb NY NtSemi Cs Delle Hewieitp NY UsSteel NY Peoples of HomeDp NY Ventas Naste Eerste WalMart Seale Maton Veueran Rongrees & Wes Dew Dew Transportation Amancen Amancan Ty Inv B'Adamus Mes WAIAA Jamas Oymois LG Twerid Wrich Nova LC Ryiex Investor Laney Storck
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U.S. firms cut jobs for seventh straight month in August

U.S. payrolls fell 92,000 in August after 49,000 in July, signaling a fragile recovery despite a dip in the unemployment rate to 6.1 percent from 6.2. Wall Street slid as Dow and Nasdaq dropped, while JP Morgan Chase and Goldman Sachs lifted third quarter growth estimates to about 5 percent.

MENTIONED IN THIS ARTICLE

Dow S&p Labor Department Wall Street Hogan Washington U.S J.P. Morgan Chase & Co Goldman Sachs Group Inc A.C. Moore Dunvegan Associates Santa Barbara Calif Procter & Gamble Co Cisco Systems Inc Goldman Sachs
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Texas gasoline prices ease slightly after peak prompts

The statewide self serve regular price averages 1.58 a gallon, down 2 cents from a week ago, with San Antonio at 1.54, Dallas at 1.60, and Houston and Fort Worth near 1.58. AAA cites Labor Day afterglow and potential supply disruptions as factors influencing movement.

MENTIONED IN THIS ARTICLE

Houston Texas AAA Texas Auto Club San Antonio Dallas Fort Worth AAA Rose Rougeau
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Champion to Cut 1000 Jobs and Close Four Plants in Slump

Auburn Hills based Champion Enterprises plans to shed 1000 positions about 43 percent of its workforce and close four homebuilding plants in Georgia Kentucky North Carolina and Texas. Production at an Alabama facility will move and additional layoffs are expected. Home Depot to buy IPUSA roofing units in Tampa and California. Tobacco farmers poised to exit price support with roughly 15 billion dollars in buyouts supported by House leaders.

MENTIONED IN THIS ARTICLE

Detroit Champion Enterprises Inc Auburn Hills Champion's Callesn Bauman Champion Georgia Kentucky North Carolina Texas Alabama Atlanta Home Depot Installed Products USA Tampa Washington House The Associated Press
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Gasoline futures rise but viewed as temporary market bounce

New York trading on the Nymex saw October unleaded gasoline futures rise 0.87 cent to 86.15 cents per gallon as traders covered bets on a fall. Analysts split on whether this signals a rebound or a brief rally amid broader oil price declines and seasonal factors.

MENTIONED IN THIS ARTICLE

NEW York New York Mercantile Exchange Nymex Derek van Eck Tor van Eck Tom Bentz BNP Paribas Phil Ryan Alaron Trading Com Chicago U.S
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Also Mentioned on This Page

By Amy Baldwin Tener Bill Cheney John Hancock Financial Services Inc Emand Wal-Mart Stores Inc Bane of America Securities Finishing Inc Merrill Lynch Intel Corp New York Stock Exchange Japan Europe France Britain Germany Segionally Adjested Federal Department of Energy Amt Gatstg Jones London International Petroleum Exchange Brent Investment Pi Inc Thayne Williams Te New Barbers Hill High School Stephen V. Takach Alexander Baytown Teilee Workshop Jennifer Marcontell Edward Jones Individu Dees Texas Brokerage W Asset Management Baker Road Texasbrokerage.com Baytown Sun
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