Weekend Market Report on Bush diplomacy boosts Dow
The Dow Jones average rose 40.84 to 2,559.65 as oil fell over 4 dollars a barrel after President Bush offered a diplomatic path to the Gulf crisis. Bond prices climbed, GE, Philip Morris, Pepsi gained, Motorola fell, AMR, Delta, UAL advanced, and Abbott Labs Pfizer Lilly shares moved higher amid mixed earnings expectations.
MENTIONED IN THIS ARTICLE
NY Stock Exchange
Bush
AMR
Delta
UAL
Abbott Labs
Pfizer
Bill Lilly
IRA rules stay relevant for retirement planning
Financial Focus outlines key IRA guidelines for individuals and couples based on age, income, and employer retirement plan participation. It notes full or partial deductions depend on AGI, yet even non deductible contributions grow tax sheltered, with examples of long-term benefits and advice to consult a advisor for setup.
MENTIONED IN THIS ARTICLE
Bob Upton
IRA
Keith Johnson
E.D. Jones & Co
H. E
Indicators Signal Recession Amid Oil Shock, Bush Warns
The Commerce Department led with a 1.2 percent drop in October in the Index of Leading Economic Indicators, the third straight monthly decline after July’s revised dip. Economists say the gauge confirms a recession already underway, with consumer confidence down, unemployment claims up, and shrinking money supply, stock prices, and orders. President Bush linked the weakness to the Iraqi invasion of Kuwait and disrupted oil supplies.
MENTIONED IN THIS ARTICLE
Tors
General Electric
Philip Morris
Pepsi
General Motors
Motorola
Washington
Commerce Department
Bush
Kuwait
Elliott Platt
Donaldson, Lufkin & Jenrette
New York
Robert G. Dederick
Northern Trust Co
Chicago
William K. MacReynolds
U.S. Chamber of Commerce
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Weekend Market Report
Peter Vandenberg
Lehman Brothers
Linsco
Private Ledger
South Main
Box 410
Ottawa
Financial Focus
Chucky
Sylvester Stallone
Rocky
Church OF Christ
Sth & Cedar
Thomas Dennis
Espry
Showtime
Tecumseh Ottawa
Farm Bureau Insurance
Cote TB Hte
Electronic Toys
Ottawa Municipal Auditorium
Opry
Dave Wooge
Dan Wooge
Richard Barrett
Clyde Potter
Teresa Boswell
Kris Dunyan
Tempstar Meneantae
417 N. Main
Tempstar
TAS
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