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Bluefield Daily Telegraph in Bluefield, West Virginia

17 May 2001

Page 6

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

May 17, 2001

Page

6

Dow Jones Industrial Average at 10877.33 in mixed session

The report notes a 0.52 point change and intraday highs of 10878.76 with a low near 10800.13. It cites market codes and footnotes on dividend status, stock splits, and trading halts, with source attribution to The Associated Press.

MENTIONED IN THIS ARTICLE

U.S The Associated Press Dow Industrials Dow Transportation Dow Utilities Amex NYSE S&p Russell Wilshire Nyse Amex Naspaaq PGE Pfa MetrintAn WHX Pfb WFX Inc MazelStn Fremont Chilesoffa Alice Agey Pfz Lancer G&e Cp Hyprid UN Ladipsig SS JPM Oilib ClickAct PolyGp GloWatr Saftloks Gerdau DixnTic Sunhawk Ntwke Tippery LaCrose GraphPk AIM EntreMd MetPro CPI Aero VstiaGron Newports RylCarb WashSog ViaNet TacoAut HlywdCas Genmcs Emcs Djia Diam Oracle GenElec Semihtrn SunMicro Lucent Nabors DellCptr Pfizer Ariba At&t SP Tech At&t NY IBM NY AllgEngy NY Kmart NY AEP NY KeySpan NY AmWtt NY Kroger NY ArchCoal NY Lowes Nyi Ashland NY Bb&t Co NY Merck NY BP PLC Microsft Nash Nashf Nash BakrHu NY BellSouth NY NorflkSo NY BethStl NY PepsiCo NY CSX NY PhilMot NY CVS Cp PhilPet NY Cbtog NY Petme NY Carop RJ Reyn NY CitzComm NY RexStore NY CitzUt RiteAid NY Cocac NY Rockwl NY ConstellEn NY DomRes NY SBC Com NY DowChms NY Sears NY DuPont NY SouthnCo's DukeEggs NY TncoAut NY Ekodak NY Unisys NY FtVaBk NY UPS B GenElec NY Gapcgp NY US Airway NY Glaxoskin NY UnvsiCp NY VerizonCm NY Hcahith NY Herculi WalMart NY Fidelity Invest Magelin Lc Vanguard Idx Icaa P American Funds Wsha P Grounc LC Gwtha P Eupaca P IL Amer Century Inv Ultra LG Janus Windw GL Vanguard Wadsll SP Vanguard Instr GroCo BluCh LG Wellin Eq Inc el Puritn Prinep R LV Putnam Funds A Grina P Fdinva P XV Twen LG Incoa P MP Putnam Funds Voya P LG Fidelity Spartan Nwd Fidel AIM Funds A Nwopa P Frank/Temp Funk A Caltfa P $S HLS Advia MP Morg St Dean Wit AIM Funds Valub T Capwga P Legg Mason ValTr P el -Equity Inc Lipper, Inc
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Stocks push past 11 000 on Fed news

New York stocks surged after the Federal Reserve cut rates by 0.5 percentage point, lifting the Dow beyond 11,000 for the first time in three months. The Nasdaq and S&P also rose as investors bet on a second-half economic recovery amid ongoing earnings reports and cost-cutting efforts. Major Dow components Merck Microsoft GE and HP gained, while Applied Materials jumped after missing earnings and outlining layoffs. Advancing issues outpaced decliners near 2 to 1 on the NYSE with volume about 815 million shares.

MENTIONED IN THIS ARTICLE

New York Wall Street Federal Reserve Standard & Poor S&p Kaltbaum Charles Pradilla SG Cowen Pradilla Merck Microsoft General Electric Ad Hewlett- Packard Dow New York Stock Exchange
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Refinancing Boom Fueled by Dip in Mortgage Rates

Falling rates spur Americans to refi nance homes in record numbers. With 30-year fixed rates around 7.10 percent for the week to May 11, far below last year’s 8.52 percent, homeowners swap high interest debt for lower costs, trim payments, and may use savings for purchases, debt consolidation, or investments. Wells Fargo economist Sung Won Sohn notes strong demand and hiring in mortgage lending as business stays robust.

MENTIONED IN THIS ARTICLE

Washington Sung Won Sohn Wells Fargo Freddie Mac National Association of Realtors
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April CPI rises 0.3 percent with fuels up

U S inflation edged up 0.3 percent in April led by gasoline gains and tobacco costs, while clothing sank. The core rate rose 0.2 percent as housing construction rebounded 1.5 percent to 1.609 million units. Mortgage costs show monthly savings with refinanced rates around seven percent.

MENTIONED IN THIS ARTICLE

Washington Labor Department Federal Reserve Fed Commerce Department
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the Maret IN Dow Jones Industrials Fed News Consumer Comcast Mountain Festival Bluefield Chamber-Of-Commerce Black Diamond Meridian Jay Auditorium Comcast Bluefield Baily Telegraph Greater Bluefield Commerce Virginia Steve & DC West Virginia AARP Holiday Inn Route 460 Bluefield Bluefield Eye Clinic Appalachian Area Agency On Aging Bluefield State College Mercer County Commission On Aging KVSS St. Luke Senior Friends Triad of WV First Century Bank Mercer Co McDowell Co R.S.V.P Glenwood Park WV State College Atkeboatn Alicna APT SHARP Oayma
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