Stocks end flat after tax cut rally fades
Stocks closed mixed as optimism over extending tax cuts faded while bond prices fell and the 10 year yield climbed to 3.13 percent. The Dow slipped 0.03 percent to 11,359.16 while the S and P 500 gained 0.6 percent to 1,223.75 and the Nasdaq rose 0.1 percent to 2,598.49. Citigroup jumped 3.8 percent after a government deal to sell its remaining stake, Nicor surged on news of a $2.38 billion acquisition by AGL Resources, and New York Times climbed 4 percent as print ads show signs of weakness easing. European markets rose as euro ministers considered expanding the bailout fund, and Ireland approved a tax hike backed budget. The dollar firmed about 0.5 percent.
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At&t Inc
AbtLab
AMD
Aldirish
Altria
AmExp
Annaly
Bb&tcp
BP PLC
BeoBrades
BeoSantand
BkofAm
Bkireind
Mo Barrickg
BestBuy
Dow Industrial
Dow Utilities
BrMySq
NYSE
CBS B
CVS Care
S&p
Caterpillar
Wilshire
Russell
Chevron
Sage
Citigro Fe
ConocPhil
Naspaq
Horton
Deere
Orscbear
MMI Baas
Gerovaf Rs
Adcareh
Ziono&g
Bikelnd
Caglea
ChiCeramn
Compelient
Kodiakog
Eagrke
Dirxscbull
Dex One
HallwdGp
Iprs
Disney
TrGasSur
Emergent
Metrocpb
DowChm
DuPont
SunriseSen
Aspecrits
Suprmind
Ampal
DukeEngy
EMC Cp
China Green
Engex
ElPaso Cp
ExxonMbl
Fordm
FrontierCm
Talbots
Alexco
GeronCo
Swsgrp
NewConcEn
GenElec
GulfRes
Subaye
GenOn
JinkoSoln
Chibotanp
Radware
VistaGold
Hallibrun
Hewlettp
NovaGid G
Cisco
Huntsmn
Denisag
Micront
iShJapn
iShSilver
NwGold G
Oracle
Ishemkts
Nthgtm G
Yahoo
Istaiwa
Pfizer
EndoSilv G
DryShi
Dury
Jpmorgch
JohnJn
Keycorp
Ae Hahah Lara Kinrossy
Ivyes Kraft
Kroger
Sidhg
Lvsands
IBM NY
LillyEl
Aire NY
JohnJn NY
AEP NY
Lowes
Bb&tcp NY
Kroger Mgm Rsts
BakrHu NY
Lowes NY
Macys
Marathono NY
Mktvgold
Microsoft
NatiBnrish
MeDnids
lEngy NY
Oracle Nasd
MorgStan
Dell Inc
Penney NY
Motorola
PepsiCo NY
Newmtm
Dom! NY
Pizer NY
DuPont NY
Philip Mor NY
NokiaCp
DukeEngy NY
Praxair NY
RexAmRes NY
Emerson E NY
Petrorsa
Sears
FrontierCm NY
UPS
Philip Mor
GenElec NY
Ussteel NY
Prushs&p
Hewlett
QwesiCm
Doles Ai Others Schimbrg
Schwab
SprintNex
SP Mats
Pimco TotRetis
GrthAmAm
incAmerAm MA
InvCoAmAm LB
Suncorps
Vanguard
fainSemi
Cox IntiStk
Eurpacgramfb
Texinst 52 191988 u33.64 33.14 33.41 +46 American Funds WAMutinvA mLV
NewPerson
US Airwy
Fninva
UtdCont
BalAm
Ws Valeroe
ADS
Ap Ee Fin Dorn BP
Ie Aed Doe VangEmng
New York
Treasury
Barack Obama
Washington
Kim Caughey Forrest
Fort Pitt Capital Group
Standard & Poor
Citigroup Inc
Nicor Inc
Bergen
AGL Resources Inc
New York Times
Europe
Ireland
New York Stock Exchange
Tax deal boosts economy says analysts and officials
The tax deal from President Obama and Republicans is expected to raise take home pay, spur consumer spending, and create hundreds of thousands of jobs by extending income tax cuts and unemployment benefits. Analysts cite a 2 percent Social Security tax cut, higher business investment write offs, and the estate tax limits as key drivers of growth through 2011 and beyond.
MENTIONED IN THIS ARTICLE
Ashington
Barack Obama
Republicans
Mark Zandi
Moody’s Analytics
Zandi
Jpmorgan Chase
Congress
Obama
GOP
Citizens For Tax Justice
Deutsche Bank
Center For American Progress
Labor Department
White House
Michael Linden
Linden
Virginia forms offshore wind panel to study sea data
The eight member Virginia Offshore Wind Development Authority began with a report on using the Chesapeake Light Tower 13 miles off Virginia Beach as a data platform. The panel heard about costs from 4 to 7 million for a star tower, maintenance of 1.5 million, and NASA and NOAA radar testing needs amid concerns about launch operations.
MENTIONED IN THIS ARTICLE
Richmond
Chesapeake
Virginia Beach
United States
Virginia Offshore Wind Development Authority
Dominion Virginia Power
Atlantic
Orbital Sciences Corp
NASA
Bob Mathias
Federal Aviation Administration
Mathias
National Oceanographical Atmospheric Administ
Ifion
Virginia Department of Minerals and Energy
Becaus
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