Greenspan Warns of Economic Weakness Amid Tax Cut Push
Federal Reserve Chairman Alan Greenspan warned the economy may still slow and signaled further rate cuts to spur growth. In hearings before the House, Greenspan opposed endorsing a specific plan while Bush pressed for major tax cuts and a budget blueprint aimed at reducing debt and preserving key programs. Bush, in Beaver, Pa, called Greenspan's dour view a reason to accelerate tax relief.
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Stocks fall as rate cut hopes fade in volatile trading
In New York, stocks slumped after Federal Reserve Chairman Greenspan signaled no rate cut yet, though a March 20 move remains likely. The Dow shed 141.60 to 10,495.28, the Nasdaq dipped to 2,151.83, and the S&P 500 fell to 1,239.94 as investors reassessed growth and waited for policy action.
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JLM Ind N
SybiTes
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Acmeu SecurAsc
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Rnmedia
Harkens
AmerTch
Comdisco
KFX Inc
Turkcell
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Bdtonline
Penn Evergreen Log Inc
Naeem Ture
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Princeton
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