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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Mar 19, 2003
Page
7
Fragmentary OCR notes show a market review snippet with numbers and codes, including year 1963 and values like 23.5 and 2293, but with unreadable portions. The readable elements point to a financial or commodities table snapshot, lacking coherent narrative or full entities.
New York stocks posted a fifth straight gain as investors waited amid Iraq war tensions and a Federal Reserve rate hold. Dow gained 52.31 to 8194.23, Nasdaq up 8.28 to 1400.55, S&P 500 up 3.66 to 866.45, with light volume as Bush gave Hussein a Wednesday power-transfer ultimatum.
The Fed held the federal funds rate at 1.25 percent amid Iraq war uncertainties. Policy makers expect possible future cuts if the economy weakens, with the next meeting set for May 6. Prime lending rate remains at 4.25 percent, the lowest since 1959.
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