Wall Street Dives on Investor Pessimism
The Dow fell 203.00 points to 9,509.28 in the fourth quarter as job market and manufacturing reports revived pessimism about the economy. The S and P 500 dropped 27.28 to 1,029.85 and the Nasdaq shed 64.94 to 2,057.48, while the Dow lagged late trading by 50 points.
MENTIONED IN THIS ARTICLE
Standard & Poor
Nyse Amex
Nasdaq
Treasuries
ADC Tel
Pfizer NY
AFLAC
Heinz NY
Citigrp
Rentech
Etrade
Philip Mor NY Ae Spor
ElderGld G
PwShs
Agco NY
Hewlettp
PiperJat
Microsoft
AMD
Nash
Cali
Intel
J Aegon NY
Honwilint
PrinFne
Spor Frei
Sinovac
Comcast
Alcoa
HuntBnk Nasd
Proshs&p NY
Gentlec
Cisco
AlliBern
iShJapn
Proulisp
GoldStr G
AltiantEgg
Allstate NY
Ishemkts NY
Ishemkts
NovaGld G
Altria NY
Ishr2k NY
Prouae
DirfBearts
AlphaPro
Ameren
AB Itc Hold NY
ProaltFin
Ishr2k
Napally
Intel Nash
ProdGam NY
Annaly
Intermec NY
Provet G
ArchOan NY
Prudentt
Inves Bonds
PVS
CHG
Ma Ago
Bb&t Co intPap
QwestCm
QTR BP PLC
JP Morgch
RE Mich Nasd
BP Pro NY
Dohnda
Risk, BkotAm
Khohumb NY
Ralcorp
Lehman Long T
Bond Buyer
Muni Idx
Berkh B
Kohls NY
RedRobin Nash
Best Buy NY
Kraft NY
RegionsFn NY
Lehman US Aggregate
BikHillsCo NY
AG Krispkrm NY
RockwiAut NY
Prime Fed
BonTon Nash
Lscorp NY
RockColl NY
Lehman US
BrMySq NY
ivSands NY
Moodys Aaa Corp Idx
CIT Gp NY
LeeEnth NY
SLM Cp
Caseys Nasd
An Saks NY
SealAir NY
ColMbus
McDalds NY
Spor NY
Imoneynet,inc
Darden
McKesson NY
Spdr Fuel
Deere NY
Mediacom
Starbucks
Disney NY
Microsoft Nash
Terex NY
Danidson NY
Midwone Nash
Dufpac NY
Molscoorb NY
Terra NY
Toyota NY
WAR Advisors
FPL Grp NY
Nashf Nash
US Bancrp NY
FaninteMae NY
NorflkSo WY
US Cellular NY A
Fastenal Nash
Oneok NY
Ferrellys NY
Oracle Nash
US Ngsfd NY
OtterTall
Alburnett
FMCG
ParkNail Amnex
Walgin
Genélec
Pearson
Wells Fargo
Cargill
Penford
GenMills
Gargill
Springville
Penford Nash
Weyerh
Genworth
Pengrth
Whilpt
American Funds
BalAm
Eaton Vance
Eurpacgra m
Fidelt (Nc
Oakmark
Vanguard Totdadmi
Vanguard
Dodge & Cox intiStk
Franklemp-Franklin GA Tfa
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
S&p
Wilshire
Russell
Mortgage Rates Dip Below 5 Percent After Four Months
Freddie Mac reported the 30 year fixed mortgage average fell to 4.94 percent this week from 5.04 percent, dipping below 5 percent for the first time in four months though still above this year’s record low. The prior low was 4.78 percent reached in the spring.
MENTIONED IN THIS ARTICLE
Freddie Mac
Clunkers hangover as Ford and Chrysler post September sales dip
Ford Motor Co and Chrysler Group report September sales declines after the Clunkers program boosted summer demand. Ford’s total car and light truck sales fall 5.1 percent to 114,241, while Chrysler moves 62,197 vehicles, down 42 percent from a year earlier. Focus and Escape led Clunker sales for Ford, with Focus down 64.1 percent from August’s tally and Escape down 58.5 percent. Volvo shows a 16.3 percent rise as analysts forecast a weaker 9.3 million SAAR for September. Ford shares slip to 7.14.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Group LLC
Ford Motor Co
Clunkers
Ford
Chrysler
Focus
Volvo
Pool replaces C R print shop in Cedar Rapids
Dennis Wolrab transforms a flood damaged former print shop at 301 Second Ave SW into 2nd Avenue Corner Pocket across from the Linn County Sheriff’s Office. The new pool hall, opened last month, features 11 tables a carpeted floor and a full bar and kitchen. Pool is played daily with tournaments on Tuesdays and Fridays and every six months a special Saturday event. Wolrab aims to revive pool in the area while leveraging the sheriff’s proximity to attract patrons. He charges 75 cents per game or $3 an hour per person and notes a non smoking ordinance supports business and seating. Industry links and contact provided.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Cedar Rapids
Dennis Wolrab
Second Ave
Wolrab
2Nd Avenue
Linn County
2Nd Avenue Corner Pocket
Penards
Sixth Street
Ee ‘Wolrab
Cliff Jette
the Gazette
Pat Niccolai
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Wall Street
C.R
Wolrach
Sheriff's Department
Sheriff's Office
George.ford
Gazcomm
Iowa
Agriculture Futures
Dun