Market In Review Dow Jones Summary June 8 2001
The Dow Jones Industrial Average stood at 11 096.46 with a high of 11 096.46 and a low of 10 938.08. The record high reached 11 722.98 on January 14, 2000 as market activity is summarized.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 09, 2001
Page
6
The Dow Jones Industrial Average stood at 11 096.46 with a high of 11 096.46 and a low of 10 938.08. The record high reached 11 722.98 on January 14, 2000 as market activity is summarized.
An earnings warning from Juniper Networks triggered heavy stock declines on Friday. After a morning halt caused by a failed software install, the NYSE resumed trading around 11:35 a.m. ET with about 10 percent of issues still locked. The Dow fell 134.31 to 10,956.43 as Nasdaq and S&P also retreated. Juniper tumbled to 38.58, down 7.94, amid forecast cuts and layoffs. Intel slipped to 30.56 while JPMorgan Chase shed 1.66 to 43.97.
Comair and the Air Line Pilots Association plan to return to negotiations after a 3 1/2 hour meeting with Transportation Secretary Norman Mineta. Mediators will join talks Tuesday with a 72 hour target to reach a settlement on the two month old shutdown of the second largest U S regional carrier.
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