Weekend Market Report Commodities And Stocks
Wheat futures eased on the Chicago Board of Trade as winter harvest approached while corn and soybeans moved mixed. Cattle futures declined and pork varied on the Chicago Mercantile Exchange with live hogs and frozen pork bellies trading within narrow ranges. Wall Street closed with the Dow down 19.11 points as indicators suggested slower economic activity and a less aggressive Fed stance.
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Associated Press
Chicago Board of Trade
Chicago Mercantile Exchange
Wall Street New York
New York Stock Exchange
Commerce Department
Economy Signals Slowing Growth As Leading Indicator Drops
The Commerce Department reported the Index of Leading Indicators fell 0.6 percent in April the largest decline in two years. Analysts said the drop hints at slower growth though not an imminent recession, with four negative and four positive components shaping the April reading.
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Washington
U.S
Commerce Department
Michael Penzer
Bank of America
San Francisco
Robert Wescott
Alphametrics Corp
Bala Cynwyd
Allen Sinai
Shearson Lehman Brothers
New York
Reagan
Pact Ready To Bargain With NATO On Arms Limits
Warsaw Pact officials said the Soviet-led alliance is ready to negotiate with NATO to limit armed forces to minimum defense levels. General secretary Herbert Krolikowski suggested talks on battlefield nuclear weapons could follow the elimination of medium and short range missiles, with multilateral talks on conventional forces. The two-day East Berlin meeting yielded little new ground as the bloc bides time for West responses to Kremlin missile offers.
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Berlin
Warsaw Pact
NATO
Herbert Krolikowski
Europe
Krolikowski
East Berlin
West Germany
Kremlin
Warsaw
Brussels
Robin Stafford
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