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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 05, 2001
Page
6
The Dow Jones industrials hovered around 11,061 with a gain of 0.65 as the index traded between 10,938.88 and 11,071.67. The chart shows a record high of 11,722.98 set on January 14, 2000, underscoring historic peak levels.
Caution dominated trading as investors, uncertain about when the economy will improve, bought stocks but avoided major commitments. The Dow rose 71.24 to 11061.65, the S&P 500 gained 6.44 to 1267.11, and the Nasdaq advanced 6.49 to 2155.93 as a quiet, uneven session left broader gains modest.
Arizona led the nation with an average 7.3 percent growth from 1992 to 1999, while Nevada followed at 7.0 percent. Oregon, Colorado, Idaho, and New Hampshire also outpaced the 4 percent national average as Hawaii posted a shrinkage of 0.3 percent. Alaska and other states showed slower growth amid varied sectors and external shocks.
Hewlett-Packard agrees to pay Pitney Bowes 400 million dollars to settle a long running patent case over print technology. The deal ends litigation without admission of wrongdoing and covers licenses and potential future business relations.
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