Dow Edges Up as Investors Brace for January Jobs Data
The Dow Jones rose 26.16 to close at 6773.06 after a mixed session as analysts noted minimal changes across markets. Tech shares fell further with Intel down 7.4 points and Microsoft slipping about 1 percent, while blue chips outperformed amid cautious trading before the January employment report.
MENTIONED IN THIS ARTICLE
NEW York
Intel
Microsoft
GTE Corp
Dow Jones Industrial
IBM
Kmart
Life Tech
Lowe's
Marriott
Avemco
Mercantile Bell
BioWhittaker
Nations Bank
Jcpenney
CSX Co
Pepsico
Coca Cola
Potom el
Sears
Crown Amert
Toys R Us
Unwigd
Exxon
Fcnb Corp
WalMart
F&m Bancorp
Market Stocks Slip as IBM Drag Remains on Dow
U S stocks mixed with ongoing inflation fears as IBM fell 2 percent after a disappointing earnings report. Dow leaders included Procter & Gamble DuPont J P Morgan and Merck, with S P 500 up 1.87 and Nasdaq down 2.17 while volume surged to 519.38 million shares. Overseas markets showed Japan's Nikkei down 0.8 percent and London's FTSE 100 down 0.4 percent. Labor data indicated initial claims fell by 12,000 to ease inflation concerns, with a downward revision to prior claims.
MENTIONED IN THIS ARTICLE
Fed
Labor Department
New York Stock Exchange
Standard & Poor
American Stock Exchange
Dow
Procter & Gamble
DuPont
J.P. Morgan
Merck
IBM
Tokyo
Frankfurt
London
Auto recalls issued for Nissan Quest and Ford Villager
Nissan Motor Corp U S A voluntary recalls 20 500 Quest minivans built April to September 1995 for rear lamp socket failure risk. Ford Motor Co recalls about 40 134 1995 Mercury Villager rear tail lamp sockets with possible socket expansion causing inoperable tail lamps. 2 140 in Canada. Owners notified by mail for free replacement.
MENTIONED IN THIS ARTICLE
Nissan Motor Corp
U.S.A
Quest
Ford Motor Co
Mercury
Nissan
Carson
Ford
Canada
Fire at major supplier may cost Toyota 323 million
A major fire at Aisin Seiki Co in Kariya shut a plant making brakes and clutch parts for Toyota. The disruption threatens at least 323 million in operating profits this year, with domestic lines largely halted but overseas production reportedly unaffected. Exports to the United States may be temporarily reduced by about 7,000 to 10,000 vehicles this month including Camrys RAV4s 4Runners and Lexuses.
MENTIONED IN THIS ARTICLE
Toyota
Tokyo
Toyota Motor Corp
Japan
Nikko Research Center
Nikko Securities Co
United States
Wall Street Journal
Aisin Seiki Co
Kariya
Riverside Car Wash Opens in Frederick County
Riverside Car Wash debuts off Riverbend Way and Md. 26 offering 24 hour self service bays with heated floors and a full service soft cloth wash. Jan Gilbert and family run the upscale facility featuring eco friendly chemicals and recycled water with vacuuming polish and clear coat wax options and high pressure undercarriage jets.
MENTIONED IN THIS ARTICLE
Ed Waters Jr
Ian Gilbert
Dante Desiderio
New Riverside
Riverbend Way
Frederick
Riverside Car Wash
MD. 26
Jan Gilbert
Frederick County
Mr. Gilbert
Mr. Desiderio
Also Mentioned on This Page
Associated Press
Cafe Ravel
John Walker
William Segal
West
Eatrick Street
Spa
Frederick County Square
Baughmans Lane
Frederick Leen Ma
Rhe
Usb
Valentine
Darlene Carver
Merlin & Associates
Sjamsville
Heartly House
Warren Spaid
Ms. Carver
Gaithersburg (Ap) Medimmune Inc
Gaithersburg Based
Wanda Shade
Fcnb Bank
Kathy Wolters
Commercel
Lke
Lee Anne Little
Commercal Lending
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