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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

May 18, 2001

Page

7

Stocks climb as Fed rate cut fuels big rally in 2001

Investors extend gains after the Fed cuts rates by 0.5 point, lifting the Dow above 11,000 for the first time since September and pushing the Nasdaq and S&P higher. Major movers include Hewlett Packard and Dell as earnings beat expectations, while defensive names lag.

New York Dow Federal Reserve Standard & Poor Wall Street Hewlett-Packard Dell Computer Dell Boeing Procter & Gamble Caron al Mirman V Finance Sarasota Fla

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