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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 14, 2004

Page

15

Market closes with mixed gains as indexes wobble

Tuesday trading sees the Dow Jones index up modestly while the Nasdaq and S&P 500 show varying results amid high volume. Leaders include Lucent Tech and Nortel Net with notable activity from Microsoft and Intel as investors assess mixed signals and sector rotations.

Amex Monde Biotech Computer Finance Indust Insurance Telecom NEW York Stock Exchange LucentTech NortelNet If GemElec DominosPlan MerrillLynch American Stock Exchange Japan Intel Red Hat Microsoft Oracle Indus Bonds Corp Standard & Poor Santa Monica Calif

Commodities futures mixed on Chicago Board of Trade data

July 13 futures show corn soybeans and soy oil activity with open interest and daily sales figures. Prices range across July Sep and Dec contracts, while livestock and feeder cattle futures post varied settlements and interest shifts.

Chicago Chicago Board of Trade Jnl B. Ore Settle

Des Moines Eggs and Iowa Hogs Market Update

Prices to producers were unchanged for eggs in Iowa Minnesota and Wisconsin with mixed Thai sentiment. Hogs market shows 46.75 loads of pork cuts and 15 loads of trim pork with steady to higher prices for butts and hams while belly and loin values vary. Direct grain bids in Cedar Rapids Marion area show July soybeans at 8.70 and nearby prices around 2.49 to 2.50 for corn with multiple futures points listed.

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Paying more for mutual funds not always beneficial

A review by Standard & Poor's of over 3,000 mutual fund portfolios finds lower expense ratios largely outperformed higher-cost peers across eight of nine investment styles. Only mid-cap blend funds showed an edge for higher fees over multi-year periods due to small-cap gains, underscoring that higher costs do not guarantee better results.

Associated Press Standard & Poor’s S&p Standard & Poor Wall Street Eric Tyson Tyson Edwards

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