Dow Falls Over 120 Points As Profit Takes Hold
Wall Street slid with the Dow Jones industrials dropping more than 120 points on cautious trading ahead of a Fed rate decision. The Nasdaq and S&P also declined, though the market remained near quarterly gains, with analysts noting a broadening yet selective appetite for equities and expectations of another rate cut.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Open Market Committee
Fed
Richard A. Dickson
Lowry’s
Palm Beach
Fla
Dow
Standard & Poor
Battipaglia
Ryan, Beck & Co
S&p
Reciprocal of America placed in liquidation by SCC
The Virginia State Corporation Commission ruled Reciprocal of America insolvent and ordered liquidation. Policies terminate September 19 and a hearing on September 17 will set claims filing deadlines and liquidation procedures. ROA continues workers compensation claims while new policies were stopped January 29, 2003 with over 214 million dollars in insolvency.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
Reciprocal of America
Commonwealth
State Corporation Commission
SCC
ROA
Rates fall in Treasury bill auction on six month notes
The Treasury sold 17 billion in three month bills at 0.815 percent discount, down from 0.840 percent, and 18 billion in six month bills at 0.840 percent, down from 0.845 percent. The three month and six month rates mark record lows since 1958 with actual yields slightly higher. Separately, the Federal Reserve reported one year constant maturity bill yields at 0.95 percent, down from 0.97 percent. In Indianapolis, Giving USA shows charitable giving rose 1 percent to 240.92 billion in 2002, despite inflation-adjusted drops.
MENTIONED IN THIS ARTICLE
Dow Jones
Dow
Dow Transportation
Dow Utilities
Nyse Composite
S&p
S&p MidCap
Russell 2000
Wilshire
Ee Saal Nyse Amex Naspaq
Gaiers
Glusacirs
Amerco
GrillCon
Cam By
TSR
Hers
Innovative
Barryrg
Wipgepig
Tehdyne
Antenna TV
MercAirrs
LaCrose
Newtek
CrdAcp
Tims
Vermont P
DAG Md
Marvel T
Omnova
I Halifax
SmplTch
Unilever
Tasgen
Solectra
DeltaFan
Urologix
Cisco
AOL
Intel
Microsofts
Biotecht
Corning
Xerox
SP Frei
AligEngy NY
Hewlett P NY
AEP NY
Use NY
LowesCos NY
ChevrnTex NY
Marathon NY
CitzComm NY
Microsofts Nasd
CocaCl NY
Mylans NY
Come Sp Nasd
NtlBnksh
Nasd
ConAgra NY
NorfikSo NY
Oracle Nash
Daimirc NY
Penn NY
Pfizer NY
Praxair NY
DuPont NY
RexStrs NY
Sears NY
eBayine
EmisnEl NY
ExxonMb NY
Se NY
UPS
Ford NY
Ussteel NY
GenElec
VerizonCm NY
WalMart
Australia
Britain
Canada
Japan
Mexico
U.S
Smins
Vanguard Idx
Idelity Invest
Magelin LC
Icaa P LV
Wsha P
IMCO
Ican
Gwtha P
Contra XG
Groinc LC
Incoa P MP
Vanguard
Instidx SP
Pera P GL
Eupaca P IL
GNMA
Wellin
Eq Inc el
Juard Fds
Wadsil LV
Ity Invest
Puritn
BluCh LC
Cox
GroCo
LowPr
el -Equity Inc
Lipper, Inc
Seeccabaaieas
Treasury
Washington
Treasury Department
Federal Reserve
Giving
Also Mentioned on This Page
the Market IN Review
Danly Dow Jones
NYSE
AES Cp
AMR
At&t Rs
ATT Weis
AbtLab
Accenture
AMD
Agere Agereb
Ahold
Alcoa
Altria
Amdocs
Amintop
Americat
AnalogDev
Anheusr
Averyd
BankOne
Bk of Am
BKNY
Baxter
BellSouth
BestBuy Boeing
BestSci
Bmysq
Cvscp
Cablesnny
Calpine
Capone
CardinHit
Cendant
ChesEng
ChevrnTex
Chubb
CireCitys
Citigro
CitiComm
CocaCl
Concefs
Delta Air
Disney
DowChm
DuPont
DukeEgg
Dynegy
Etrade
EMC Cp
Ekodak
ElPasoCp
EDS
ExxonMb
FanniMac
FirstData
FleetBest
Fordm
ForestLbs
Gillette
Goldmans
Goodyear
Guidant
HCA Inc
Hewlette
Honwlind
Interpublic
Jpmorgcht
JohnJn
Kohis
Kroger
Lsilog
Lehmer
Libtyma
LillyEli
LowesCos
Lucent
MBNA
MarvelEnt
Masco
Maxter
McDnids
Medimnic
Merck
Merriilyn
Micront
Mirant
MorgStan
Motorola
NtSemi
NetwirAse
NokiaCp
Nortel Nw
Pg&e Cp Penney
PepsiCo
Pfizer
Proctg
Schwab
Sears
Selectra
SwstAirs
Spmtfon
Spmntpcs
TIX
TainSemi
Target
TenetHit
US Banerp
Utdhithg S
UnumProv
VerizonCm
Viacomb
Wachovia
Walgrn
WA Muli
WellsFrgo
Wdigit
WmsCos
Wyeth
Xerox W
Vinvi Sir
Prame
Sashnot
Fancy Gap Hwy
Cana, VA
VISA
Mastercard
Windowsdirect.us
America
By Dennis Yena
Bluefield Daily Telegraph
Indianapolis
Bluefield
Aera &Insured
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