New Year Rally Lifts Dow Up Broad Market Gains
The New York stock market opened the year with gains led by a broad advance on the index. The Dow rose about 8.8 points amid light holiday trading as traders awaited full participation next week. broad indices and many blue chips climbed with Occidental Petroleum and Phelps Dodge among notable movers.
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Nottinghams Protest Over World Archery Championship Site
Local officials vow protests over the Grand National Archery Association of Britain's choice to stage the world championships at York instead of Sherwood Forest near Nottingham. A spokesman says Robin Hood would not approve the decision and neither should the locals.
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