Stocks tumble as investors fear rising rates
New York AP reports a broad market selloff as optimism over earnings fades amid rising rate concerns. The Dow fell 243.54 to 11,008.17, the Nasdaq slid 139.32 to 4,096.08, and the S&P 500 dropped 39.83 to 1,401.53 after fears of Fed hikes ahead of the February meeting.
MENTIONED IN THIS ARTICLE
Ron Campbell
Raymond James Financial Services
Abbott Labs
Slegheny Electric
M. Electric
FLAC
BC Communications
T&t Corp
M. Water Works
Nheuler-Busch
Pple Computer
IND. Tech
Shland Coal Inc
Shland Oil Inc
Tlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Ibankamerica
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
BS Corp
Abot Oil & Gas
Arolina Power
Hevron Corp
Hubb Corp
Itizens Utilities
Oca-Cola,co
Olumbia
Nat'l Gas
Orning Inc
Untrust Banks
SX Corp
US Corp
Daimlerchrysler AG
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Altman Kodak
Merson Electric
Thyl Corp
Exxon Mobil
Irst Union Corp
ST Virginia Bank
Lowers Industries
MC Corp
Delhaize America
ORD Motor CO
EN. Electric CO
Illette
LAXO
Oodyear Tire
Ercules Inc
Sumana Corp
BM Corp
Ngersoll Rand
Ntel Corporation
Mart Corp
Roger CO
Owe's Cos
Ucent Tech
Icdonald's Corp
Jonsanto CO
Mylan Labs, Inc
ASH Finch CO
Javistar
Nike, Inc
Folk Southern
Occidental Pete
ONE Valley Bank
C. Penney CO
Pennzoil CO
Pepsico Inc
Phila. Electric
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Potomac Elec
PWR
Praxair, Inc
Pulaski Furniture
Reebok Int'l
REX Stores Corp
Reynolds Metals
ITE Aid Corp
AJ Reynolds
Rockwell
ARA Lee Corp
Sears Roebuck
Sherwin Williams
Ishoney’s Inc
Southern CO
Enneco Inc
Exaco Inc
Ri Continental
Nion Carbide
Nion Pacific
Nisys Corp
Universal Corp
Sair Group
Marathon Oil
U.S. Steel
Al-Mart
Disney CO
Endy's
Estvaco Corp
Illiams Cos
Alley Nat'l Gases
Xerox Corp
New York
General Electric
Johnson & Johnson
Standard & Poor
Russell
Federal Reserve
Wall Street
Fed
Federal Reserve Bank of Atlanta
Jack Guynn
Ashland Posts Loss on Arch Coal Investment
Ashland Inc reports a $3 million loss on its Arch Coal stake in Q4 1999 due to weak coal markets and write-offs at Cal-Tex and Hobet 21 mines. First quarter 2000 net income $37 million, 52 cents per share, down from $46 million a year earlier. MAP units show improved operating income.
MENTIONED IN THIS ARTICLE
Covington, Ky
Ashland Inc
Arch Coal Inc
Arch
West Virginia
Ashland
Cal-Tex
Boone
Logan
Appalachia
U.S
Charles Haden
Haden
West Virginia Highlands Conservancy
Company
State Division of Environmental
Marathon Ashland
MAP
Arch Coal
Paul Chellgren
Chellgren
APAC
Ashland Specialty Chemical
Ashland Distribution
Valvoline
Also Mentioned on This Page
Mone J
Arch Coal Properties
Contin
Ues
IRS
Mecca
Jkharris
Wall Street Journal
JK Harris & Company
Bluefield
W. Virginia
Athens
Hons Cnecave
Selectic
Jgpenney
Mercer Mall