Inventories and sales rise in June as Fed seen staying put
U.S. companies boosted inventories by 0.9 percent in June, pushing total stock to 1.19 trillion. Oil and oil product inventories rose 4.7 percent and drug inventories up 3.1 percent, while the broader 0.9 percent rise matched May. Analysts say stronger sales persist even as signals point to slower growth later, with the Fed likely to stay on hold at the August meeting.
MENTIONED IN THIS ARTICLE
Fed
Washington
U.S
Commerce Department
Joel Prakken
Macroeconomic Advisers
St. Louis
Federal Reserve
Prakken
Stocks rise as inflation data steadies markets
Dow gains 148.34 to 11 176.14 while S&P 500 advances 15.37 to 1 487.21 and Nasdaq climbs 44.97 to 3 834.44. Volume 781.64 million shares. Investors cheer inflation cooling, boosting bets rates stay steady and lift blue chips. Home Depot up 3.06 to 59. Wal-Mart adds .93 to 52.50. Micron up 4.75 to 80.50 and AMD rises 5.94 to 62.94 on chip demand outlook.
MENTIONED IN THIS ARTICLE
Abbott Labs
Allegheny Electric
AFLAC
SBC Communications
At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Arch Coal
Ashland Oil Inc
BP Amoco
Baker-Hughes Inc
Constell Energy
Bank OF America
Verizon
Bellsouth Corp
Bethlehem Steel
Boeing CO
Viacom
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Energy
HCA Healthcare
Corning
Suntrust
CSX Corp
CVS Corp
Daimlerchrysler AG
DTE Energy
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Mobil
First Union Corp
1ST
Virginia Bank
Flowers Industries
FMC Corp
Delhaize America Inc
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
Georgia Pacific
Gillette
GLAXO
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent Technologies
McDonald's Corp
Merck & CO. Inc
Microsoft Corp
UPS
Pharmacia Corp
Mylan Labs
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
BB &T
J.C. Penney CO
Pennzoil CO
Rite Aid Corp
RJ Reynolds
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX
Marathon Oil
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westvaco Corp
Williams Companies
Valley Natural Gas
XEROX
DOW Jones Industrial
NEW York
Standard & Poor
New York Stock Exchange
Labor Department
Fed
Home Depot
Also Mentioned on This Page
RON Campbell Investment Planning
Raymond James Financial Services
SIPC
Dow
IRS
Jkhar
JK Harris & Company
Is.com
Ion Company
The
Wall Street Journal - Bluefield
W. Virginia
Hoate Ctu Are
Virginia
Indows
Fancy Gap Hwy
Cana, VA
VISA
Mastercard
Cotter
Eis
Beckley Cross
Lene
Bluefield
Imal Elen AT
Richlands Eesti Et Ket
Tess Vee
Roadrunner Paging ES
Veal
Nokia
Ericsson
Cellular
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