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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Mar 16, 2000
Page
5
Closing prices and market quotations provided by Ron Campbell Investment Planning and Raymond James Financial Services. Data reflects standard market figures and advisory contact details for investors seeking guidance on the day’s trading.
New York AP reports weeks remain before the April 17 deadline. Many taxpayers face missing documents or cash shortfalls. extensions are possible via Form 4868, with estimated payments to IRS. Installment plans via Form 9465 incur about 9 percent interest.
Americans bought imported TVs, cars and goods, driving the current account deficit up 53.7 percent to a record 338.9 billion in 1999. Goods deficit widened to 347.1 billion as demand for foreign-made products stayed strong, while services surplus narrowed to 79.6 billion.
The Dow Jones industrial average jumped 320.17 points or 3.3 percent to close at 10,131.41 amid a shift from tech into industrials like DuPont Johnson & Johnson and 3M. The Nasdaq fell 123.94 to 4,582.64 as tech losses deepened, with Intel up and Hewlett Packard down.
Atlanta based report notes drivers like Vivian Martin cross state lines to save 10 to 15 cents per gallon as gas prices reach a national peak. AAA records show regular unleaded averaging 1.54 dollars per gallon, with West Coast highest and Southwest lowest. Experts foresee little relief until fall as refinery cutbacks tighten supply.
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