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Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Oct 20, 1999

Page

7

Dow gains as tech slumps on Dell warning

U S stocks rose with the Dow Jones up 88.7 to 10 2049 while the S P 500 eased and Nasdaq fell after Dell warned of higher memory costs. American Express and Bank of America rose amid rate optimism. Dell, Intel, and Micron led tech declines. World Wrestling Federation and Martha Stewart Living Omnimedia priced, NYSE volume near 904 million. Overseas markets mixed with Japan down slightly and Europe higher.

New York Dell Standard & Poor Nason Labor Department Wall Street Fede Reserve Eaton Vance Management Boston Commerce Department American Express Bank of America Johnson & Johnson Richard A. Dickson Scott & Stringfellow Inc Richmond Intel Micron Dickson Martha Stewart Living Omnimedia Stewart World Wrestling Federation Entertainment Inc New York Stock Exchange Japan Germany Britain France

Wheat futures rise as oats soybean and corn dip

Wheat futures closed higher on the Chicago Board of Trade amid dry weather forecasts for the southern Plains and Pacific Northwest. Corn and soybean futures moved lower on harvest progress and rain forecasts in Brazil, while livestock prices were mostly higher with live cattle and feeder cattle advancing and lean hogs edging up.

Chicago Chicago Board of Trade Southern Plains Pacific Northwest Brazil

Short-term T-bills rise as Treasury sells more notes

The Treasury sold 9 billion in three month bills at 4.990 percent, up from 4.780 last week. An additional 8 billion was sold in six month bills at 5.000 percent, up from 4.930. The Fed reported the one year Treasury yield at 5.42 percent, up from 5.34 last week.

Washington Treasury Department Federal Reserve Treasury T. Rowe Price Spectrum Income Fund Kps T. Rowe Price Spectrum Income Fund Morningstar

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