Market surges spark investor confidence but analysts cautious
Investors grow confident as the Dow jumps over 400 points twice in four trading days, with the Nasdaq and S&P 500 also rallying. Analysts warn gains could fade if earnings, accounting remain weak, calling for consistent upside, stronger book keeping reforms, and tougher penalties for fraud.
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New York
Wall Street
Stephen Carl
Williams Capital Group
Malley
Pope John Paul II crowds Guatemala Mass welcome
Thousands of Guatemalans packed a soccer stadium and crowded streets overnight waving can dies and chanting Guatemalans love you as Pope John Paul II prepared for a Mass at a racetrack. Organizers expected up to half a million attendees for the canonization ceremony amid a frail 82 year old pope on a long World Youth Day tour.
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Guatemala City
Guatemala
National Soccer Stadium
Gladis Mendez
Canada
Mexico
Toronto
State reviews maps after Quecreek mining accident
Pennsylvania authorities will scrutinize maps from 34 nearby mines and establish a special commission to evaluate mine safety, permitting, and emergency response after nine miners were trapped 240 feet underground for three days. Joint federal state probe will focus on accuracy of maps and the adjacent mine distances.
MENTIONED IN THIS ARTICLE
Somerset
Richard Stickler
State Bureau of Deep Mine Safety
Quecreek
Dave Lauriski
U.S. Mine Safety and Health Administration
Pennsylvania Commission
Lauriski
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