Market in Review Amid Mixed Stock Movements
Market in Review shows varied stock activity with indices fluctuating. Trading volumes remained modest as traders weighed recent earnings and macro data.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 21, 2006
Page
13
Market in Review shows varied stock activity with indices fluctuating. Trading volumes remained modest as traders weighed recent earnings and macro data.
Raleigh County Commission approved a five million dollar contract to build a one stop college mall where eight public colleges will offer courses. The project will be funded with four point nine million in federal money and two million in state money. Colleges include Marshall Concord and West Virginia universities along with Bluefield State College WVU Tech New River Community and Technical College Southern West Virginia College and WVU Tech Community College. Ground to be broken this summer with classes starting fall 2007.
West Virginia four racetracks shared two thirds of a 3.29 million dollar tourism grant award. Charles Town Races and Slots led with 930,950 dollars, followed by Mountaineer Racetrack 557,835, Wheeling Island 429,628, and Tri-State 186,901. Nontrack grants included PeacePoint Farm Equestrian Center 273,908, Rivers, Inc. 260,000, and Lakeview Golf Resort 213,458. Funds fund direct mailings and media ads.
New York stocks finished mixed as investors weighed higher interest rates against an upbeat homebuilding report. A stronger jump in new home construction boosted optimism for the economy, while weak June business forecasts pressured homebuilders. The Dow rose 32.72 to 10,974.84.
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