Mergers buoy stocks despite Boeing CEO shakeup
Stocks closed mixed as Boeing faced a top level management shakeup with CEO Harry Stonecipher asked to resign, while technology shares led a broader rally on merger announcements in finance, defense, and communications. The Dow slipped 3.69 to 10,936.86, the S&P 500 rose to 1,225.31, and the Nasdaq gained 19.60 to 2,090.21 amid higher oil and steady bonds.
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Narrows Livestock Auction Report March 5
Narrows Va. reports results from Narrows Livestock Auction Market Inc. March 5 auction. Stock feeder cattle sold with prices for steers and heifers across weight ranges. Slaughter cattle cows bulls and small stock totals listed. Calves and bred stock also noted with prices.
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Narrows Livestock Auction Market Inc
January U S consumer borrowing rose at 6.6 percent
Consumers boosted borrowing across credit cards auto loans and other debt at an annual 6.6 percent in January, the fastest pace in three months. The Fed reported an $11.5 billion rise from December, revised December gains, and economists were surprised by the surge though had anticipated higher borrowing.
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