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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 07, 2000
Page
5
Closing price quotations are provided by Ron Campbell Investment Planning and Raymond James Financial Services. The report lists daily market figures and investment updates for readers seeking finance and stock movement insights.
Stocks closed mostly lower as investors booked profits after three up sessions. Dow fell 79.73 to 10735.57 as financials and retailers lagged amid signs of slower growth and potential easing inflation. Circuit City warning spooked retailers, while Wal-Mart also declined.
The Labor Department reports U S worker productivity rose 2.4 percent in the first quarter, the smallest gain in nine months and slower than 6.9 percent in Q4. Economists say the pace remains healthy, about two and a half times the long term average from 1970 to 1994.
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