Stocks slip but confidence rising on ISM data
Wall Street closed modestly lower after a choppy session as factory data showed expansion. The Dow fell 34.29 to 12,234.34 after a 209-point early plunge, while the S&P 500 dropped 3.65 to 1,403.17 and the Nasdaq 11.94 to 2,404.21. The ISM index came in at 52.3, easing fears of a slowing economy.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dow
Fed
Ben Bernanke
Institute For Supply Management
ISM
Avalon Partners Inc
Standard & Poor
New York Stock Exchange
Dow Jones
U.S
Wall Street insider trading ring cracked by authorities
A nine-member group including husband and wife lawyers, brokers, and hedge fund managers used tips from insiders at UBS, Morgan Stanley, and Bear Stearns over five years in a $15 million scheme. Prosecutors say insiders passed on stock upgrades and acquisition news enabling premarket profits.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Morgan Stanley and Co
UBS Securities LLC
Banc of America Securities LLC
Bear Stearns & Co
UBS
Linda Chatman Thomson
Division of
The
Securities
Army fires Weightman at Walter Reed Hospital
The Army dismissed Maj. Gen. George W. Weightman, the commander of Walter Reed Army Medical Center, after reports of neglect and delays in care for severely wounded soldiers from Iraq and Afghanistan. The move comes amid congressional criticism and a Pentagon inquiry into failures at the premier hospital.
MENTIONED IN THIS ARTICLE
Army Fires General
Premier
Washington
Walter Reed Army Medical Center
Congress
Walter Reed
Bush
George W. Weightman
Walter Reed Hospital
Patty Murray
D-Wash
George Weightman
Iraq
Afghanistan
Pentagon
Weightman
Kevin Byrnes
Army Training and Doctrine Command
Australian detainee Hicks charged under terror tribunal law
David Hicks the Australian captured in Afghanistan after 9/11 faces charges for providing material support to terrorism under a new U.S. military tribunal system. If convicted, he could face life in prison, prompting anticipated court challenges and intense debate about legal rights and constitutional protections.
MENTIONED IN THIS ARTICLE
Washington
Afghanistan
David Hicks
Guantanamo Bay
Hicks
U.S
Supreme Court
Jumana Musa
Amnesty International
Sen
Lindsey Graham
R-S.c
Commissions
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Peter Cardillo
Elie Ol Hare
PNG
Knights of Columbus Council
St. Mary's
McGee’s
E. Kansas
Bobby Wild
Afra
Aaa
Sbeglobal
Mme Teele
Ptca Aio
Wheat Lands Restaurant
Lee Ieee Ee
E. Fulton St
Eagles Lodge
N. Highway 83
Mary
Aerie
Union
Hanna’s
US 50 & 83
East Side
Caree Ees
Chef's Choice
American Legion
W. Pine
Garden City
Texas
Miss Attitude
N. Taylor
RCE
APMA
Nocte Pets
Coto Oort
Trier
Pere Ee
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