Stocks drift lower as year ends amid tax selling
In quiet afternoon trading on the final trading day of 2001, the Dow fell 35.08 to 10,101.91, the S&P 500 slipped 2.63 to 1,898.39, and the Nasdaq composite declined 11.84 to 1,975.42. Tax selling before year end pressured markets while technology shares lagged and retailers eked out small gains. America West rose after a government guarantee package, and Argentina saw its interim president resign amid ongoing economic woes. Volume totaled 540.07 million shares as investors looked toward 2002.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Charles Pradilla
SG Cowmen Securities
Gateway
Microsoft
Wal-Mart
America West
Congress
Argentina
Adolph Rodriguez Saa
Fernando de la Rua
Alan Ackerman
Fahnestock & Co
New York Stock Exchange
Poll shows rising optimism on economy amid terrorism fears
An Associated Press poll of 1,013 adults taken December 14 to 18 finds seven in ten mid Americans see a likely future terrorist attack, yet overall economic outlook improves with 56 percent believing the nation is on the right track. Respondents show generational and partisan gaps in views on direction, with Republicans more upbeat than Democrats, and whites more positive than blacks.
MENTIONED IN THIS ARTICLE
Washington
Associated Press
Ron Kaiser
Buffalo
N.Y
ICR
Media
Miami
Rick Sergeant
Grand Junction
Tenn
Lois Kain
Santa Maria
Calif
Pakistan
India
George Zigler
Cape May
N.J
New WV laws take effect to start 2002 year
West Virginia begins 2002 with a state run malpractice insurance plan for doctors to cover those losing private coverage, a ban on unlicensed video poker machines, and a new family court system. The changes aim to raise taxes and fund education while placing appeals in circuit court until 2005.
MENTIONED IN THIS ARTICLE
Charleston
West Virginia
State Board of Risk and Insurance Management
Bob Wise
Wise
Promise
Libby White
White
Circuit Court
State Supreme Court
Candidates set for district and county offices in 2002 election
The article details voter races for District III County Commission, Mercer Circuit Clerk, and two Mercer and McDowell Family Court judges, with party committee positions on the May ballot. Former State Sen. Jim Humphreys seeks the Democratic nomination. Rep. Nick J. Rahall II is expected to run again in District III. Secretary of State Manchin stresses certificate filing deadlines and cites recent events shaping voter turnout. Contact numbers are provided for filing inquiries.
MENTIONED IN THIS ARTICLE
District III County Commission
Mercer County
Mercer
McDowell
Jim Humphreys
Bob Wise
Charleston
Dallas Staples
Nick J. Rahall II
D-Wv
Joe Manchin
Nated
Manchin
West Virginia
West
Virginia
Afghanistan
Tenants face eviction from Bluewell Manor amid remodeling plans
Residents claim illegal eviction notice with four day move out amid planned spring remodel. Court date set for January 4 after tenants protested in Princeton Magistrate Court. Attorneys warn proper notice of at least one month or a court order is required. Residents fear displacement during winter with limited time.
MENTIONED IN THIS ARTICLE
Eagh
Richmond
Julie Kirby
Princeton
Kirby
Robert Holroyd
Holroyd
Columbus
Ohio
Bluewell Manor
Danny Workman
Bluewell
Jones
John Williams
Williams
2001 Worst Year in High Tech Says Industry Leaders
The 2001 tech downturn battered semiconductors and PCs, with Gartner Dataquest reporting a 33 percent revenue drop worldwide and Intel down about 22 percent. Cisco and JDS Uniphase posted heavy losses, while dot coms collapsed. job cuts hit telecommunications, computers, and electronics amid rising Nasdaq declines. Yet video games and online gaming surged, Microsoft fared with XP and Office, and analysts flagged a possible rebound in late 2002.
MENTIONED IN THIS ARTICLE
Stanley T. Myers
SEMI
Semiconductor Equipment and Materials International
San Jose
Myers
Gartner Dataquest
Intel
IDC
U.S
Levi Strauss
Leland Stanford
Sam Brannan
Cisco
JDS Uniphase
Sun Microsystems
Dot
Dotcom
Exodus Communications
NorPoint Communications
Covad
Rhythms
Metricom
ExcitAt Home
Challenger, Gray & Christmas
Shelley Oshawa
Microsoft
Smulders
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