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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

Oct 20, 2000

Page

6

Tech shares lift markets after strong earnings surge

Markets rose sharply as technology stocks lead a broad rebound after solid earnings from Microsoft Nokia and Sun Microsystems. The Dow topped 10,000 closing up 167.96 at 10,142.98 while the Nasdaq jumped 247.17 to 3,418.72 and the S&P 500 gained 43.29 to 1,385.42. Microsoft rose nearly 20 percent to 61.88, Nokia climbed 27 percent to 38.13, and Sun Microsystems added 7.38 to 117.69.

RON Campbell Investment Planning Raymond James Financial Services SIPC Abbott Labs Allegheny Electric AFLAC SBC Communications At&t Corp AM. Water Works Anheuser-Busch Apple Computer IND. Tech Arch Coal Ashland Oil Inc BP Amoco Baker-Hughes Inc Constell Energy Bank OF America Verizon Bellsouth Corp Bethlehem Steel Boeing CO Viacom Cabot Oil & Gas Carolina Power Chevron Corp Chubb Corp Citizens Utilities Coca-Cola CO Columbia Energy HCA Healthcare Corning Suntrust CSX Corp CVS Corp Daimlerchrysler AG DTE Energy Dominion Res DOW Chemical Dupont Eastern Ent Eastman Kodak Emerson Electric Ethyl Corp Exxon Mobil First Union Corp 1St Virginia Bank Flowers Industries FMC Corp Delhaize America Ford Motor CO GEN. Electric CO GEN. Motors Corp Georgia Pacific Gillette GLAXO Goodyear Tire Hercules Inc Humana Corp IBM Corp Ingersoll Rand Intel Corporation K-Mart Corp Kroger CO Lowe's Cos Lucent Tech McDonald's Corp Merck & CO. Inc Microsoft Corp Mylan Labs Nash Finch CO Navistar Int'l Nike, Inc Norfolk Southern Occidental Bb&t Financial J.C. Penney CO Pennzoil CO Pepsico Inc PECO Philip Morris Cos Phillips Petroleum Pittston Brinks Potomac Elec PWR Praxair, Inc Reebok Int'l REX Stores Corp Rite Aid Corp RJ Reynolds Rockwell Int'l Sara Lee Corp Sears Roebuck Sherwin Williams Shoney's Southern CO Tenneco Inc Texaco Inc TRI Continental Union Carbide Union Pacific Unisys Corp Universal Corp Usair Group USX Marathon Oil U.S. Steel Wal-Mart Stores Walt Disney CO Wendy's Int'l Westvaco Corp Williams Companies Valley Natural Gas XEROX DOW Jones Industrial New York Microsoft Nokia Sun Microsystems Wall Street Standard & Poor Hugh Johnson First Albany Corp Wireless Communications Com Pany Nokia Ditto

Greenspan says oil not yet pushing inflation risk high

Fed chair Alan Greenspan cautioned that oil prices have not driven inflation into a danger zone. He warned of Middle East political risks and said the Fed may keep rates unchanged at the Nov. 15 meeting, despite a rosy overall economy and sturdy consumer spending.

Washington Federal Reserve Alan Greenspan Middle East Greenspan Fed United States Richard Yamarone Argus Research Corp

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