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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Sep 25, 2002
Page
9
A dense readout lists numerous NYSE stocks with prices changes and dividends. It notes market leaders and mutual funds, listing company names such as AT&T and Coca Cola alongside indices and financial terms, reflecting active trading across sectors and exchanges.
The Federal Reserve left the funds rate unchanged amid a fragile economic recovery and stock market jitters. Two dissented, Edward Gramlich and Robert McTeer, urging a rate cut as markets slid with the Dow down over 170 points after the decision.
Washington based airlines urged Congress to provide tax relief and reimburse security costs after Sept 11. Delta chief Leo Mullin estimated security costs could account for about 40 percent of the sector's roughly 7 billion dollars in predicted losses this year, noting passengers avoiding travel add to the impact.
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