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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 30, 1999
Page
5
New York AP reports consumer confidence rose to its highest level in over 30 years, with the Conference Board recording June’s index at its eighth straight monthly increase. Home sales, however, weakened, signaling mixed economic signals.
Blue chip stocks rallied for a second straight session in New York ahead of the Federal Reserve meeting. The Dow climbed 160.20 to 10,815.35, the S&P 500 rose 20.10 to 1,351.45, and the Nasdaq advanced 39.67 to 2,642.11 as traders weighed a possible 0.25 percentage point rate hike.
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