Stocks Rally As Bond Market Fears Subside
New York stocks rose sharply with the Dow up 111.85 to 9063.37 erasing most Monday losses. Wider indexes recovered as a Labor Department report showed wages and benefits rose 0.7 percent from January to March, easing inflation fears despite Fed rate hike expectations. Analysts noted a string of upcoming data and a May 19 Fed meeting as market directions.
MENTIONED IN THIS ARTICLE
New York
Labor Department
Fed
Jim Weiss
State Street Research and Management
Boston
Weiss
Charles G. Crane
Key Asset Management
Rahall campaign money draws fire in WV race
In a May 12 primary clash, James MacCallum accused Rep. Nick Rahall of collecting nearly $50,000 in political action committee donations from out of state in the first quarter. Rahall’s camp defended the contributions as from labor and business supporters, noting one WV address among PACs and citing support from numerous nonstate groups. MacCallum argued WV voters face neglected concerns if Rahall remains.
MENTIONED IN THIS ARTICLE
Texas Energy Corporation
Florida
Nick Rahall
D-W.va
James MacCallum
Political Action Committee
Rahall
MacCallum
West Virginia
Washington
Kent Keyser
Keyser
United Mine Workers of America Pac
Congress
PAC
Arkansas Best Corp
American Maritime Officers Voluntary Political Fund
el Paso Energy Corp
Florida Sugar
Philip Morris
Florida Sugar Cane League
Madison
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Nyse Diary
Oma
Mieser
Sansa
LSB
MarPet
Lowe
LC NatVisn
Sa Deste Bo
Pong Lynch
Merrill Lynch
Ncir
Garan
Usgva
Hasbro
Jaclyn
At&t
Mobils
Chevron
SteriSofts
TIG Hd
Ameren N
Harley' S
NorfikSo S
Talbots
Neste
Agencp
Norwests
TeiMex
Ameritcis
Timkens
Amocos
Crestar
Toro
Travelis S
Aon Cps
HmeDeps
Uswes
AllRichs
Baldors
DataGn
Usxmar Se - Ve
DeltaAir
IBM S
Pfizers
Usxuss
Unifi UniSrcEn
Unim
Dimon Kmart
Disney
UnionPac
Kellogg
KerrMc
DuPonts
Lci
Pomel
Dufptf
LSB Ind
Bost
Dufpuc
Proctg S
Wachovia
EastEn
Lge
Warni
BredTch
EastUt
Lockholm
Eman
Lucents
Ruddick
Egicos
Westvaco
Schimbs
WinDix
FidelFin
Priddy
Carolina
RIDDY
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