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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 11, 2001
Page
6
Trading action showed mixed results as many major names moved. Investors watched technology and energy stocks with notable activity across firms like Cigna, Exxon, and Pfizer amid shifting market sentiment and volumes.
Incomplete stock market fragment shows fund names and prices, daily NAV changes, and notes on splits calls and mergers. The text references dividend rates, 52 week highs and lows, and redemption actions but is largely illegible, leaving only hints of mutual funds, issuers, and trading terms.
A sharp 0.9 percent drop in July wholesale prices driven by lower energy costs signals inflation easing and gives the Fed room to cut rates. Economists weigh a possible August half point or quarter point rate cut as stocks rise and energy demand softens.
The Justice Department asked the appeals court not to delay penalties against Microsoft, arguing delaying would harm the computer market and deny the public timely remedy. Officials said Microsoft has little chance of Supreme Court review and urged continuing proceedings while awaiting potential higher court action.
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