Market rally pauses as tech leads stocks higher
Strong Microsoft and Sun Microsystems reports fuel another record session but most shares fell as the summer advance shows fatigue. Dow rose 9.78 to 9337.97, weekly gain 232.23, Nasdaq closed at 2008.76 up 8.20, S&P 500 set a new high while many blue chips led. Analyst says the recent surge may be halting amid mixed breadth.
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Market movers mix tech and staples in a volatile session
Traders watched a broad rally intermixed with losses as big names like AppleC, CinnFins and Oracle shuffled amid mixed fund flows. Key indices fluctuated while several funds and brokers posted gains, with notable activity in Morgan Stanley, CocaCola and Nike style equities.
Beckley Main Street honors supporters at awards night
Beckley Main Street recognized volunteers, businesses, and projects at Foster's Restaurant for the 1997 98 awards. Tom Hardiman received Board Member of the Year, Volunteer of the Year went to Paul Stanley, and Economic Restructuring Committee earned Committee of the Year.
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