Optimism Pushes Dow Higher Ahead of Fed Meeting
Stocks rose on Monday as investors priced in a modest rate rise by the Federal Reserve this week. The Dow gained 102.6 points to 10,655.2 while the S&P 500 climbed to 1,331.35 and the Nasdaq rose to 2,602.44, led by software and Internet shares. Volume on the NYSE reached 652.91 million as traders awaited the Fed’s Open Market Committee meeting. Analysts predicted a quarter-point hike to curb inflation, with some saying a single increase might suffice for now. A Bond rally supported equities, with the 10-year Treasury yield easing to about 6.10%. Major gainers included JP Morgan and American Express, while Yahoo!, Microsoft, and Dupont helped the Nasdaq rise.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Standard & Poor
Fed
New York Stock Exchange
Alfred E. Goldman
AG Edwards & Sons Inc
St Loui
John Lynch
WO Wachovia
Charlotte
N.C
U.S
Commerce Department
Lynch
Global stock indices rise across major markets
The stock market showed gains with the Stock Exchange index up 28 to 774.10 and the Russell 2000 advancing 5.50 to 448.61. Japan's Nikkei gained 1 percent, Germany's DAX up 0.8 percent, Britain's FTSE 100 up 0.3 percent, and France's CAC-40 up 1.1 percent.
MENTIONED IN THIS ARTICLE
Japan
Germany
Britain
France
JTA Offers Free Computer Classes and Job Seminars
Frederck County residents can join free computer courses and job search seminars at JTA, with youth focus and space for adults. Sessions include WordPerfect basics, Word, resume writing, interviewing, applications, and time management across July dates. location at 520 Market St. Contact 30 694-1174 for details.
MENTIONED IN THIS ARTICLE
Frederick County
Jta
Market St. Frederck
Wil
Fredenck County
American Records Management growth and security move forward
American Records Management Inc led by Janis Light has expanded to 100000 square feet at 441 Georgia Pacific Blvd Fredericks, growing from a small file storage outfit to a high tech, confidential records center. The firm uses laser bar codes, online access, and in house shredding to protect medical, payroll, legal, and manufacturing records. A fireproof vault and climate controlled rooms safeguard disks, tapes, and boxes as ARM keeps pace with demand amid a paper centered industry.
MENTIONED IN THIS ARTICLE
Janis Light
Ms Light
Georgia Pacific
Fredenck
Greg
Amercan Records Management Inc
Hugh Technology
Confidential Records Management Center
ARM
Baltimore
Washington
Ms. Light
Light
Mr. Light
Mr Light
Patrick Linton elected president of Maryland Bankers Association
Patrick Linton, president and CEO of FCNB Bank, was elected president of the Maryland Bankers Association. Linton has 26 years in banking, with a background at OCC and the Treasury, and holds roles with Frederick County organizations. The association represents 85 banks and 34 thrifts in Maryland and provides advocacy and education services. Other officers include William J. Reuter, John M Bond Jr, John B. Bowers Jr, and T Wayne Kirwan.
MENTIONED IN THIS ARTICLE
A. Patrick Linton
Maryland Bankers Association
Fcnb Bank
Mary At
Land Bankers Association
Me. Linton
Western Mary College
University of Pittsburgh
Currency Office
U.S. Department of Treasury
Winchester
Frederickey National Bank
Linton
Chamber of Commerce
Federick County
Community Foundation of
Frederick County
Learning Center of
Frederick
William J. Reuter
Farmers & Merchants Bank and Trust
John M Bond Jr
Columbia Bank
John B. Bowers Jr
T Wayne Kirwan
CareFirst seeks alternative rate agreements with Maryland hospitals
CareFirst Blue Cross and Blue Shield aims to negotiate alternative rate agreements with acute care hospitals in the Baltimore Washington area. The move, stated Monday, cites rising hospital costs and Health Services Cost Review Commission cost reductions as reasons. Hospitals would gain more control over length of stay and inpatient services for CareFirst’s 2.5 million members while maintaining access to affordable, high quality care. Maryland hospital costs run about 8 percent above the national average. CareFirst will assist hospitals with discharge planning and efficiency programs and hopes to meet with facilities in Montgomery, Carroll and five other counties, plus Baltimore City.
MENTIONED IN THIS ARTICLE
CareFirst Blue Cross
Blue Shield
Maryland
Baltimore-Washington
CareFirst
Health Services Cost Review Commission
David D. Wolf
Wall
Montgomery
Carroll
Baltimore City
Corn and soy futures slide on cautious Chicago session
On Monday trading at the Chicago Board of Trade saw corn and soybeans slump while wheat rose. Soybeans hit a 20 year low as weather forecasts sparked volatility and near record acreage, with July prices dipping for corn and soybeans, and wheat edging higher on hard red winter crop concerns. Livestock also fell with live cattle hogs and pork bellies easing.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Midwest
U.S
Also Mentioned on This Page
Dow Up
Dow
Stoc
IBM
Kmart
Lockheed
Lowe's
Marriott
Alyon
Mercantile Alley
Entgy
Bakshi
Ind
Nextel
U Ty Bank
Amelia
Ryan A ' O Bell Air
Oribital Black & Decker
Cambrex
Science
CSX Corp
Proctor
St Paul Oe
Af&m Bancorp
US Airways
First United
Wnc
WalMart
GTR Corp
Home Depot
Ferris Baker Watts
Stult
Bill Green
Seventh Street Shopping Center Association
Elaine Canonico
Steven Sigsbury
Singanore High School
Mary Ann Coleman
Middletown High School
Janet Kurtis
Sarah
Gov. Thomas Johnson High School
JoAnn Krantz
Emilia Izquierdo
American Records Management
Nel
Debbie Johnson
Wwwlilestorage
Mitsubishi
Peoria
Mitsubishi Motors
EEOC
Basivese Baron
Daily Warners A Lore
Waduad Farnts
Peaport
Weber Econom
Scottsdale Securities, Inc. Discount Stock Brokers
Monroe Street Plaza
Rockville
Cal
SIPC
Scotirade.com
NFL
Ariee
The
Wendy Eyler
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!