Inflation fears nudge market as stocks wobble after strong growth
Wall Street cooled after inflation concerns surfaced despite a late summer rally. Industrial production surged 0.7 percent in August lifting the operating capacity to 84.7 percent, fueling fears the Fed will raise rates again and push stocks down while bonds lagged. The Dow declined 20.53 to 3,933.35, erasing intraday gains seen after a 58 point rise, as traders awaited the triple witching session.
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Wall Street
Federal Reserve
Walter Murphy
Merrill Lynch & Co
Peter J. Canelo
NatWest Securities Corp
Fed
The
Treasury
Dow
Kansas International names Alexandra Gikalov new executive director
Alexandra Gikalov becomes executive director of Kansas International, a nonprofit economic development group promoting international business in Kansas and western Missouri. Former director Julie Love notes Gikalov’s international experience, multilingual abilities, and ambition as key assets for expanding membership and resources.
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Kansas International
Alexandra Gikalov
Gikalov
Czechoslovakia
Europe
Kansas International Board of Directors
Julie Love
Love
Kansas
Missouri
Campbell-Becker
Alex
Marche Associates
Clinton Parkway Court
Earl Richardson
Ouinal-World Pheto
Left
At Right
Daily market report from Midland and Midwest livestock quotes
Local markets show Midland elevator prices wheat 3.75 corn 2.07 milo 3.33 and soybeans 5.15 per bushel. Omaha Nes livestock quotations list hogs and cattle ranges with US 1-3 230-260 lb hogs at 35.00 and 2-3 250-280 lb at 33.50 34.50. cattle and calves, steers and heifers steady with steers 64.00-65.50 for 1100-1350 lb and 63.00-64.00 for 975-1250 lb heifers. sheep and lambs uneven, weak below 130 lb, lambs 74.00-75.00 for 90-110 lb. St Joseph Missouri notes similar Monday cattle prices with steers 63.50-65.00 and cows 38.00-45.00, hogs lower with 230-290 lb at 32.30-34.00. Kansas City feedlot sales show steady to firm trade for 700 steers and 100 heifers. Nonferrous metals quoted and precious metals prices listed with daily interbank quotes and bank rates.
MENTIONED IN THIS ARTICLE
Omaha
Nes
Usti
St. Josefn
Ma.ar
Apple renames Macs with Mac OS logo and clone licensing
Apple Computer unveils a blue Mac OS logo and plans to license its macintosh hardware to third party clone makers. Analysts say the move could expand Apple’s share in the personal computer market as IBM also rebrands its consumer line with Aptiva models featuring Scheduler for automated tasks.
MENTIONED IN THIS ARTICLE
Apple Computer Inc
Apple
IBM
Advantage
Presario
Dimension
Aptiva
International Business Machines Corp
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