Market In Review Shows Slight Gain Amid Flat Trading
The market in review closes with a modest 3.08 point gain, heading to 9,973.46 as traders weigh mixed signals and steady volume. Investors monitor economic indicators and sector rotation amid cautious sentiment.
Inventories rise as sales stall signaling sluggish economy
The Commerce Department reports January inventories up 0.4 percent to 1.22 trillion while sales stay flat at 896.6 billion. Analysts warn continued weak demand will curb production, keeping the economy sluggish for months. Dow sinks below 10,000 as concerns over Japan’s impact grow. President Bush expresses optimism about tax cuts and spending restraint.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
U.S
Bush
Merrill Lynch
Karen Dexter
Airline industry expands customer service steps
Washington AP reports the airline industry will show the lowest available fares at ticket purchase and reveal delays before departure. Aimed at fewer late or canceled flights, a task force will verify monitor accuracy after a 21 percent inaccuracy finding. Leaders praise progress and await House hearings on delays.
MENTIONED IN THIS ARTICLE
Washington
Transportation Department
Carol
Mead
Association
Regulators loosen reins on California energy supplies
Washington AP Regulators direct faster wholesale power sales and gas pipeline expansions to ease a West energy crunch. FERC warns that streamlined rules will not end California electricity crisis as summer demand rises.
MENTIONED IN THIS ARTICLE
California
Washington
Federal Energy Regulatory Commission
Dow falls below 10,000 as market worsens in volatile week
The Dow drops 317.34 to 9,973.46 marking its first close under 10,000 since October. Nasdaq falls 42.69 and S&P 500 declines 30.95 as Wilshire reports a $270 billion market-value loss alongside a broader tech rout and deflation worries in Japan.
MENTIONED IN THIS ARTICLE
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
S&p
Russell
Wilshire
Highins
Newtekn Equidynen
StraShmn
WmssSon
Circtycc
Ableaud N
NABI
Gene
Galeyl
Joannsta
IntelliCk
Duratek
Tippery
MetrintAn
Tycom
Dynamex
iAsiaWksn
StanfMicn
Enesco
PYR En
Nextel' S
MEMC
InvCapHn
Avistarn
Premiarn
Biotime
LucifeFr
Cabl&Wils
Chenieren
Scoot.com
Pradwksa
Intactint
Ashanti EkTokyo
DuckHdn
AudChess
Ciscos
Nextelc S
EMC S
Djia Diam
WorldCom
Citigrps
Semihtrn
Nabors
JDS Umiph
Nokias
Biotecht
Oracle
Pfizer
SP Mid
JaprNtw
At&t NY
Kmart NY
AllgEngy NY
Keyspan NY
AEP NY
Kroger NY
Amart NY
Lowes NY
ArchCoal NY
Merck NY
Ashland NY
Microstt Nash
Bb&t Cp NY
Mylan NY
BP Amoco NY
Nash F Nash
BakrHu NY
BellSouth NY
NorfikSo NY
BethSt NY
PepsiCo NY
PhilMot NY
CSX NY
PhilPot NY
CVS Cp NY
Potme NY
Amex
Praxair NY
RJ Reyn NY
CitzUt of RexStore NY
CocaCl NY
ConstellEn NY
RiteAid NY
DomRes NY
Rockw NY
DowChms NY
SBC Com NY
DuPont NY
TniConti NY
FMC NY
FtVaBk NY
Usxmar
Usxuss
Flowers NY
GenElecs NY
Gapcgp
UPS
Glaxoskin NY
WalMart NY
Intels Nash
Westvaco NY
IBM NY
Williams NY
da Lee Sea
Fidelity Invest
Magella LC
Vanguard Idx
Icaa P
Wsha P LV
Groinc LV
Gwtha P
Janus
Eupaca P IL
N Pera P GL
Amer Century Inv
Windw GL
Vanguard
Wadsil XV
GroCp
BluCh LC
Wellin
Eq Inc el
Purita
Putnam Funds
Grind P LV
Twen LG
Princp
Voya Pxq
Incoa Px MP
Amer Express
AIM Funds
Const P XG
Fidel Lc
EQU el
Frank/Temp Frnk
Caltfa P $S
Nwopa P LG
Usgro
Advia MP
GrwthAp GL
Morg St Dean Wit
Valub T
Fidelity Advisor
Groppt LV
Capwga Px GL
Mercury
AIM
el -Equity Inc
Lipper, Inc
U.S
Thuimdenadia
Thefegdnian Lh
Mont Aten Rat
Globe
Charles Pradilla
SG Cowen Securities
Standard & Poor
New York Stock Exchange
Market mixed as investors seek guidance amid volatility
Investment advisors urged staying invested in high quality stocks despite 401k jitters and a volatile market. Nasdaq fell about 62 percent from its high, old economy stocks held steadier, and bonds offered higher yields. Retail sales dropped 0.2 percent in February while Wal Mart rose and J C Penney slipped. J P Morgan rose as Wall Street shifted toward financials amid sector concerns. Dow gains were capped by Merck and Coca Cola declines.
MENTIONED IN THIS ARTICLE
American Stock Exchange
Wilshire Associates
Santa Monica
Calif
Dow
U.S
Japan
Hill
A.G. Edwards & Sons
Alfred Garrett
Garrett
Commerce Department
Wal-Mart
J.C. Penney
Wall Street
J.P Morgan
Merck
Coca-Cola
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the Market IN Review
Stock Exchange
Richard Yamarone
Argus Research Corp
Dow Jones
Econom
Bluefield
West Virginia
City of
Geo Metro Auto
Expresswa
Ernie Gattuson
Vasom.com
Blacksburg
Virginia School of Massage
Charlottesville
Southpark