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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 21, 2000

Page

6

Stocks close lower as economy fears mount

Stocks fell on fears of a harsh slowdown and weak earnings. The Dow dropped 265.44 to 10318.93 and the Nasdaq slid 178.94 to 2332.77, its seventh straight loss, as investors priced in a slower economy and delayed Fed aid.

Dow Industrials Dow Transportation Dow Utilities NYSE S&p S&p MidCap Russell Wilshire Stock Exchange AMEX ParkEls CSK Ato ThCardio Soft N RentWay Simula MedLgic Johnsonv Pegasus Tootsier LaBarg Allscrpts Halifax ElecCity CmpTs CwnCork Hmstke Adverktg HD West Amedsec Mleuro AMC Foundry PioneerCp Avanir ExtNetws AllegTch Ishdjnetn AcciNtw Ciscos SunMicro Oracles Nokias Nabors DellCptr Compaq Fauspr JDS Uni S GenElecs SP Mid WindCom Cornings Biotecht Amccs Libtyma S iShJapan Foundry S New York Federal Reserve Fed Standard and Poor A.C. Moore Dunvegan Associates Santa Barbara Calif George W. Bush Alcoa Paul O’neill Treasury Ricky Harrington Wachovia Securities

Apartment and condo work drives housing surge in November

U S housing starts rose 2.2 percent in November to a seasonally adjusted annual rate of 1.56 million, led entirely by apartment and condo construction. Single family starts fell for the third straight month while multifamily projects jumped 12.9 percent to 342,000 an annual rate.

Washington Commerce Department

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