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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Register Herald
Location
Beckley, West Virginia, United States of America
Date
Jul 09, 1998
Page
11
Wall Street's summer rally continued as the Dow rose 89.93 to 9174.97, Nasdaq surged to 1935.39, and the S&P 500 gained 11.72 to 1166.38. Analysts cited improving second-quarter profit forecasts and a broad market bid despite an overall underwhelming breadth.
Readable portions show numerous fund names, tickers, and last prices with small changes across a chaotic list. Mentions include Alliance, AT&T, IBM, Coca Cola, PepsiCo, General Electric, Exxon, and many banks and insurers, alongside numerous price and change figures.
Consumer groups accuse lenders of enticing consumers with high credit card limits while backing tougher bankruptcy laws. Bankers defend stricter lending, noting rising bankruptcies and revenue from card use. Industry figures show low delinquency, yet analysts warn rates remain elevated amid ongoing economic stress.
Senate Commerce Committee hearings warn the switch from analog to digital TV faces consumer confusion, costly equipment, and cable incompatibility. Senators McCain and Snowe caution the 2006 deadline may slip as retailers guide the public through costly sets priced around five to eight thousand dollars.
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