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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Sep 22, 2000
Page
6
Ron Campbell Investment Planning Raymond James Financial Services provides closing prices and quotations. The note lists contact details and NASD/SIPC membership.
Stocks closed mixed as Wall Street faced earnings concerns and higher oil prices. The Dow rose 77.60 to 10765.52 while the Nasdaq slipped 68.49 to 3828.95 and the S&P 500 fell 5.55 to 1445.79. Hertz jumped 7.38 to 31.63 after Ford signaled more stock purchases. Oil traded around 36.33 per barrel as the economy slows and the quarter ends.
Bridgestone Firestone told a congressional panel that Ford Motor Co. recommended 26 PSI for Explorer tires, while Bridgestone urged 30 PSI for safety margins. Ford countered that 26 PSI had been tested and approved for over a decade. The 6.5 million tires recall tied to 101 U.S. deaths remains under scrutiny.
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