Dollar slump drags global markets as stocks slide
The weak dollar sparked a broad stock selloff led by bonds and equity blocks. Analysts warn inflation risks from higher import costs and a Fed rate rise, with the Dow down to 3636.94 and weekly loss exceeding prior declines. Investors seek safety in Treasuries while eying exporters like IBM and Deere for eventual gains.
MENTIONED IN THIS ARTICLE
Thomas McManus
U.S
Morgan Stanley & Co
Federal Reserve
New York
Richard Hoey
Dreyfus Corp
Treasury
Hugh Johnson
First Albany Corp
Japan
Johnson
Fed
McManus
Gillette
Colgate Palmolive
Johnson & Johnson
Abbott Labs
Wal-Mart
IBM
Ingersoll Rand
Deere
Stock wrapup teased for Saturday Journal-World
The Saturday Journal-World promises a complete market wrapup. It will cover latest stock quotes and key movements, with insights from market analysts and notable shifts in major indices. Buyers and traders are urged to check the Saturday edition for full coverage.
MENTIONED IN THIS ARTICLE
Journal-World
Midland Omaha price snapshot from morning markets
Markets report from Midland and Omaha with grain prices: Wheat 3.23, corn 2.51, milo 3.99, soybeans 6.58. Livestock quotes include hogs 45.00 to 45.50 for 220 to 260 lb, cattle 59.50 to 61.75 for 1100 to 1325 lb, and sheep 69.00 to 71.00 for 100 to 115 lb, plus various lower grades and regional notes from St. Joseph and Dodge City.
MENTIONED IN THIS ARTICLE
Midland
Omaha, Nes
USIDA
Omaha
U.S
Dollar sinks below 100 yen in Tokyo for first time since WWII
The dollar closed at 99.93 yen in Tokyo, down 0.47 from Friday, the first finish below 100 yen since the 1940s. The Bank of Japan bought 2 billion in today’s trade as part of a broader effort by 18 central banks to steady the dollar, while traders cite inflation fears and a Japan recession as factors weakening the U.S. currency. Analysts note exporters face smaller profits and higher overseas prices, potentially reducing competitiveness.
MENTIONED IN THIS ARTICLE
Tokyo
Arp
Japan
New York
U.S
Toshihiro Nagata
Sanwa Bank
Bank of Japan
Japan Broadcasting Corp
United States
Yasuhisa Ishida
Mitsui Trust and Banking
Rates Dampens Home Resales
Washington AP report shows existing home sales fell 0.7 percent in May, first decline in three months as mortgage rates rise. National rate 4.09 million annually, 8.6 percent 30 year fixed in May, with gains in East and South offset by declines in West and flat Midwest.
MENTIONED IN THIS ARTICLE
Washington
Midwest
National Association of Realtors
Realtors
Robert H. Elrod
Elrod
Federal Home Loan Mortgage Corp
Douglas County economy shows modest growth in first quarter
The Kansas University IPPBR reports Douglas County’s economy slowed but expanded modestly in Q1. Construction activity was near normal for January to March with building permit valuations up 2.3 percent year over year. 169 new homes sold vs 143 in the prior year quarter, as higher rates spurred demand. Employment dipped from the prior quarter, though year to year comparisons are unreliable due to a new state calculation system.
MENTIONED IN THIS ARTICLE
Douglas County
Kansas University Institute For Public Policy and Business Research
IPPER
IPPBR
Kansas Department of Human Resources
Also Mentioned on This Page
SS TE
Close Chage High
AlliedSig Applebee
Inch
Seeene
Buckle Inc
Casey's . Anon
CommBancsh
Dayton-Hudenseeee
Fleming
FMC
Fourth Fin
Goodyear Hercules
Kmart
Kroger
Labone
O'Reilly Autoweoee
JC Penney
Pepsico
Quaker
Western Res
Williams Benecreences
Woolworth
Edward D. Jones & Co
the Money Small Investor Index
NYSE
Money Funds
Aman LS Cetmaseliten
Jva D'J M'A
Bank Rate Monitor
The
Federal Reserve, Investment Company Institute
Lehman Bros
Lipper Services
Merrit Lynch
Money Fund Report
Morgan Stanley Capital International
National Association of Realouncil
Estate Investment Trusts
Prudential Asset Management
Standard & Poor's
Robert Stanger & Co
World Gold Money Magazine
Omaha Livestock
St. Joseph Livestock
St. Joserh, Mo
Dodge City Livestock Conoee City
Kansas
Nonferrous Metals
Peaserer
London
Comex
N.a
Handy & Harman
N.Y
Commerce Bank of
Kansas City
Commerce Bank
Canada
France
Germany
Great Britain
Italy
Mexico
Switzerland
May
Uw Realtors
MSI
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!