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Ottawa Herald in Ottawa, Kansas

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Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Dec 07, 1991

Page

6

Wall Street slips as job data sparks volatile session

A weak employment report triggered broad swings on Wall Street with the Dow closing 2.69 points lower at 2886.40. The week saw an 8.28 point drop, while NYSE volume reached 198.18 million shares as of 4 p.m. and MBs rallied on Fed rate cut cues. Merck rose about 1 percent and Wal Mart up roughly 1 percent amid a mixed blue chip day.

Associated Press Wall Street New York Stock Exchange Labor Department Federal Reserve Fed Eral Merck & Co Wal Mart J.P. Morgan

Dole Gingrich clash over tax cuts and deficits in Washington

Senate Minority Leader Bob Dole questioned the proposed tax cuts, warning they could worsen the federal deficit. He contrasted with President Bush's endorsement of Newt Gingrich's plan, which centers on capital gains relief and quick writeoffs. The exchange highlighted partisan tensions on tax policy and deficit concerns amid market and commodity notes.

Washington Senate Bob Dole R-Kan Bush Newt Gingrich Georgia Dole Gingrich

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