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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Sep 08, 2000
Page
6
Closing price quotations for September 7 2000 provided by Ron Campbell Investment Planning Raymond James Financial Services. NASD SIPC member contact number (304) 325-7334.
Washington AP reports new unemployment claims fell to 316000 for the week ended Sept 2, the lowest since Aug 12, yet remaining above 300000 for four straight weeks. Analysts note a modest slackening while the market stays tight, with four week moving average at 317500 the highest since Jan 23, 1999.
U.S. markets rotated from blue chips to technology shares as the Nasdaq rose 85.01 to 4098.35 while the Dow slipped 50.77 to 11259.87 and the S&P 500 gained 10.26 to 1502.51. DuPont fell over 10 percent after lowering earnings outlook. Intel Micron Sun Microsystems advanced on rebound.
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