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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Middle East
Greenspan
Fed
United States
Richard Yamarone
Argus Research Corp
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