May Market Basket Costs Rise Across Cities Report
The Associated Press finds overall May prices up 1.9 percent at checklist stores across eight cities, with declines in eggs and coffee in five cities. Beef prices trend higher due to shrinking livestock supplies while hog supply grows. The survey tracks 15 items from March 1, 1973, noting meats account for much of the increases.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Labor Department
Checklist
Market See-Saws Slightly Higher
New York stocks drifted in a narrow range as investors awaited a government leading indicators report. The Dow rose 0.09 to 840.70 while the S&P 500 gained 0.11 to 97.35 and the NYSE composite edged up 0.07 to 54.59 amid mixed trading and notable moves in Bally Manufacturing, Caesars World, and Shaklee.
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