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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Sep 30, 2000
Page
5
Sealed by Ron Campbell Investment Planning Raymond James Financial Services provides market closing prices and quotations dated September 29 2000. The information is sourced from NASD and SIPC members.
U.S. stock markets declined sharply led by technology after Apple warned earnings would miss expectations. Dow fell 173.14 to 10,650.92 while Nasdaq dropped 105.50 to 3,672.82 and S&P 500 slid 21.78 to 1,436.51. Intel, Gateway, Hewlett Packard and Lucent also declined. United Airlines fell as part of the broad retreat amid inflation and currency concerns.
Americans saw incomes grow 0.4 percent in August while spending rose 0.6 percent, pushing the savings rate to a record low. Analysts expect the Federal Reserve to hold rates steady next week amid strong consumer confidence and persistent spending.
Terrie Scott of Bluefield is named manager of Goody's Family Clothing at East River Plaza Princeton. She began with the company in 1993 in Christiansburg Virginia and also worked in Beckley Wytheville. Scott attended Southwest Virginia Community College before retailing.
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