Tech stocks drive Nasdaq above 1900 as confidence grows
Investors push into technology shares as the Nasdaq closes above 1900 for the first time in 18 months, signaling renewed faith in the sector amid a solid but cautious market. Analysts warn of overbought risk while pointing to improving earnings and spending in tech.
MENTIONED IN THIS ARTICLE
New York
Iors
Michael Murphy
Wachovia Securities
Baltimore
Murphy
Wall Street
Gary Kaltbaum
Edge Partners
Orlando
Fla
S&p
Kaltbaum
Oracle Corp
Sun
Eesie Inc
Wachovia
Intel Corp
Adobe Systems Inc
Baytown’s sales tax rebates fall in July figures
Texas Comptroller Strayhorn disbursed 484252.95 in Baytown rebates for July sales taxes. the amount trails August allocation by 244012.70, a 33.3 percent drop, with minimal year over year decrease. Anahuac shows a September rebate of 7977.73, down slightly from August and last year, while Mont Belvieu posts 95143.68, up 16.6 percent from August but down from last year. City officials note a flattening trend with remaining fiscal year projections uncertain.
MENTIONED IN THIS ARTICLE
Texas
Carole Keeton Strayham
Baytown
Gary Jackson
Jackson
Strayhorn
Anahuac
Bruce Comer
Mont Belvieu
Bryan Easum
Bush pushes tort reform and trade expansion
President Bush urged Congress to curb medical malpractice damages and broader tort reform to curb rising health care costs and trial lawyer fees. He also promoted global trade expansion as tariffs on steel face WTO scrutiny and possible removal. The White House backs limits on contingency fees and seeks a level playing field for small businesses.
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Bush
Congress
Thavé
White House
Texas
Camp David
Mgd
Witte House
Pennsylvania
West Virginia
Ohio
World Trade Organization
WTO
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