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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 27, 2002
Page
10
The market summary lists numerous stocks with last prices and daily changes. Notable figures include Aeropostale, Conoco, Exxon, General Electric, IBM, Microsoft, Pfizer, and Coca Cola among many others, reflecting a broad activity across sectors. The note explains last price and change for stocks trading on the NYSE with closing values and percentage or point shifts.
A market overview lists the 525 most active NYSE stocks, 400 on Nasdaq National Markets, and 100 on Amex. It notes mutual funds and dividend details, and uses codes for stock options, liquidity, and fund classifications. The page references current dividends, NAV changes, and fund notes for investors.
In New York on Monday investors bought after an early dip, lifting the Dow 46.05 to 8,919.01 as the S&P 500 rose to 947.95 and the Nasdaq advanced to 1,391.67. The rally followed Friday profit-taking and comes as traders hedge ahead of Labor Day and fears of conflict with Iraq. Hershey Foods led gains on a report Nestle offered 11.5 billion to acquire the candy maker.
NASAA officials in Washington say hard times on Wall Street have boosted con artists who promise easy money to shaken investors. Fraudulent brokers and analysts with conflicting interests join oil and gas schemes and charitable gift annuities on NASAA’s top 10 list for 2002. Joseph Borg urges investors to verify opportunities with state regulators and use common sense, noting if it sounds too good to be true it probably is. The list, NASAA’s fourth, covers regulators across the United States and Canada, with unlicensed agents ranked first for securities sales.
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