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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Oct 13, 2000
Page
5
Closing prices and market quotations provided by Ron Campbell Investment Planning Raymond James Financial Services NASD SIPC contact details listed. Financial items reflect daily figures with panel of brokers and firm identifiers.
Chicago prices moved after the U.S. Department of Agriculture cut the U.S. corn crop estimate to 10.2 billion bushels, sending corn futures to a 3 1/2 month high amid rising world demand. Wheat declined on Plains shower forecasts while soybeans fell on bearish data as the soybean crop was trimmed to 2.82 billion bushels.
The Dow Jones fell 379.21 points to 10034.58 as Middle East violence and oil prices spiked fears of weak profits. Nasdaq closed at 3074.68 and S&P 500 at 1329.78, with Home Depot dropping 28 percent to 35.13 after warning of lower earnings.
US Airways shareholders overwhelmingly backed the 4.3 billion merger with United Airlines at a special meeting. Regulators from the Justice Department to the European Commission must still sign off, with transportation and aviation authorities weighing in.
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