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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 19, 2000
Page
5
Closing price quotations provided by Ron Campbell Investment Planning Raymond James Financial Services. Stock figures reflect market activity for the session dated August 18 2000 and include NASD SIPC verified data.
The June trade gap reaches a record 30.6 billion as imports climb, led by crude oil, while exports rise to 90.6 billion. The broader outlook shows a cooling economy and a possible hold on interest rates, with analysts noting gradual narrowing ahead. The oil bill and energy costs push the deficit, despite strong capital goods exports.
The option lets workers invest retirement savings in stocks and non core funds beyond sponsor lists. Cerulli's study shows about 15 percent of plans offer the feature, but only 4 percent of assets use it now, with growth expected. Experts warn few will day trade retirement funds due to risk, fees, and monitoring needs.
US stocks fell Friday as traders waited for next week's Federal Reserve policy review. The Dow declined 9.16 to 11,046.48 while the Nasdaq dipped 10.53 to 3,930.34 and the S&P 500 slid 4.35 to 1,491.72 amid light volume. Major techs rose, drugmakers lagged, and overseas markets were mixed as investors anticipated the Fed move.
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