Stocks ease as rates stay uncertain in weak session
Wall Street slipped as investors weighed the outlook for interest rates after Greenspan signaled slower growth and possible rate cuts. The Dow posted a small gain within a narrow range while the NYSE composite, S&P 500, and Nasdaq fell, amid volume near 398 million shares.
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NEW York
New York Stock Exchange
Standard & Poor
U.S. trade deficit soars as Japanese cars flood market
The United States posted a record April trade deficit of 11.37 billion dollars amid a surge in imports led by Japanese autos and auto parts. The Clinton administration vows sanctions if Japan does not agree to voluntary plans to boost U.S. car parts purchases, expand U.S. dealership stock, and ease safety rules.
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America
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Japan
Mickey Kantor
Commerce Department
Tokyo
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United States
U.S Trade in Goods and Services Report Overview
The month by month changes in the government's new trade report detail the overall deficit, the goods deficit, and the services surplus. The listing outlines how imports and exports in both sectors influence the combined balance, reflecting ongoing economic dynamics and policy context.
Police storm jet to free 364 in Hakodate hijack
Riot police stormed a All Nippon Airways Boeing 747 at dawn, freeing 364 passengers after a hijacker threatened to blow up the plane to demand freeing a jailed cult leader. No explosives found, suspect acting alone. one passenger with minor injury and five hospitalized. Passengers evacuated by bus as officers in riot gear secured the aircraft.
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Harodate
Japan
All Nippon Airways
Tokyo
Hakodate
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