Stocks retreat as rate fears weigh on market
U S stocks declined as rate fears resurfaced ahead of Friday inflation data. The Dow fell 45.09 to 9147.57, extending Monday’s pullback after a brief rally, with bond yields rising near 6 percent and IMF comments fueling talk of a possible Fed rate hike at the May meeting.
MENTIONED IN THIS ARTICLE
New York
International Mone
Tary
Federal Reserve
Fed
Barry Hyman
Ehrenkrantz King Nussbaum
Hyman
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Dividend Stock Snapshot with Prices and Changes
A compact list presents various stocks with last net values and percentage changes. Entities include Union Pacific, USXUSS, UniSrcEn, Unifi, UnTex, and Torro type lines, showing price levels and notable percentage shifts.
MENTIONED IN THIS ARTICLE
Hein TexUti
Timkens
Trchmiks
Toro
Traveliss
Tredgar
Veaier
Usxuss
UniSrcEn
E Unifi
Ucarb
UnionPac
UnTex
Cable TV chief urges rate restraint amid deregulation push
Atlanta reports the top cable industry executive urges restraint on price hikes to avoid government action on deregulation. FCC Chairman Kennard and Decker Anstrom stress consumer protection as cable prices rose 7.9 percent over the year and service costs average about 28.83 dollars monthly.
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Atlanta
Decker Anstrom
National Cable Television Association
Federal Communications Commission
Bill Kennard
FCC
Congress
Kennard
Anstrom
Leo Hindery
Tele-Communications Inc
Texaco executive denies hiding documents in race case
Former Texaco treasurer Robert Ulrich testified he did not purposefully hide or destroy evidence in a discrimination suit by black employees. He described taped comments about shredding as future handling ideas, not responses to plaintiffs. Closing arguments followed as Lundwall did not take the stand.
MENTIONED IN THIS ARTICLE
White Plains
N.Y
Texaco
Robert Ulrich
Elliott Jacobson
Ulrich
Richard Lundwall
Lundwall
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