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Bluefield Daily Telegraph in Bluefield, West Virginia

21 Jun 2001

Page 5

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 21, 2001

Page

5

Stocks rise as investors weigh mixed signals on economy

Stocks ended higher after a volatile session as investors weighed a stronger than expected May Leading Economic Indicators reading and a cautious outlook from analysts on growth. The Dow gained 50.66 to 10,647.33, the Nasdaq rose 38.58 to 2,031.24, and the S&P 500 edged up 10.56 to 1,223.14. Strong pharma and financials led gains while Greenspan cautioned on lending amid weak sectors. Eli Lilly rose 0.81 to 79.52 and JPMorgan Chase added 1.08 to 45.60.

MENTIONED IN THIS ARTICLE

Dow Jones Dow Industrials S&p S&p MidCap Russell Wilshire Webhires KC Soun AmShrd Delath UN Boydsc ColLb deedGenn StdAuto Beaconp Lennar OhioArt Matrixo Inetinfra Ishdjinet MS Yhoon VstinGron Infineon Harold Chipmosn Savia SA AtlasAir HollyCp Exactch Fluor ApexSilv HypriDon Aquilan Bell ShawGps SevenSeas Exodusc GlobPwrn SecurAsc PrincmnRn Viasystem KFX Inc SunMicro PhaxCos Nabors JDS WorldCom McLeod AOL Tellabs Cornings Devone Wong Eng At&t NY IBM NY AligEngy NY Kmart NY AEP NY AmWtt KeySpan NY ArchCoal NY Kroger NY Ashland Lowes NY Merck NY Bb&tcp NY Microstt Nash BP PLC NY Nashf Nash BakrHu NY BellSouth NY NorflkSo NY Bethsdl NY PepsiCo NY WA Csx NY PhilMot NY Cvsco PhilPet NY CitzAt of NY Cocac! NY RiteAid NY Rockw NY ConstellEn NY SBC Com NY DomRes NY DowChm NY Sears NY DuPont NY SouthnCo S NY Duke Eggs TacoAut NY Ekodak NY TriCont NY EmrsnEl NY Usxmar NY FMC NY Usxuss NY Fcmtesh Nasd Unisys NY FtVaBk NY NY GenElec NY UPS Gapcgp NY US Airway NY UnisiCp NY Glaxoskin NY VerizonCm NY HCA Hith NY A Herculs NY WalMart NY Humana NY Westvaco NY Intels Nasd WmsCos NY Tota Smins Fidelity Invest Magelin Lc Vanguard Idx Icaa P Wsha P LV Groinc LC American Funds Gwtha P xc Janus PIMCO Pera P Amer Century Inv Windw Vanguard GroCo Instidx BluCh LG Eq Inc el Fdinva P XV Prinep R Twen LG Incoa P MP Putnam Funds Voya P Fidelity Spartan EQI Vanguard Gnma MT AIM Funds Const P Frank/Temp Funk Caltfa TotEnd Nwopa Advia Vanguard Admiral Grwtha P GL Usgro Morgan Stanley Capwga P GL Lipper, Inc New York Standard & Poor Conference Board Federal Reserve Alan Greenspan Senate Banking Committee Greenspan Fed Eli Lilly J.P Morgan Chase
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Greenspan defends tax cut amid deficit concerns

Federal Reserve Chairman Alan Greenspan told the Banking Committee he is not worried the 1.35 trillion dollar tax cut will push the budget into deficit. He warned about layoffs and weak spending but said there has not been real deterioration in consumer activity.

MENTIONED IN THIS ARTICLE

Washington Federal Reserve Alan Greenspan Schumer Central Bank Congress Bush Greenspan Banking Committee California
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Arthur Hogan Jefferies & Co Wall Street Missouri Joe Keating Fifth- Third Bancorp Rod Stewart Washington, DC Watea Bluefield Aerosmith Janet Jackson Charlotte, NC Raleigh, NC Virginia Bland Bluefield Cedar Bluff Claypool Hill Four Way Main Street Pocahontas Richlands Richlands Riverjack Rocky Gap Firstvirginia.com FDIC Virginia Bank
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