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Southern Illinoisan in Carbondale, Illinois

03 Apr 2002

Page 5

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Apr 03, 2002

Page

5

Stocks fall on weak outlooks in a weak market

Weaker forecasts from IBM, Bristol-Myers Squibb and Best Buy dragged stocks lower in a Tuesday session. The Nasdaq slid 3.1 percent to 1,804.40, its lowest close in a month, while the Dow fell 48.99 points to 10,313.71 and the S&P 500 slipped 9.78 to 1,136.76 amid weak factory data and Middle East tensions.

MENTIONED IN THIS ARTICLE

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Grain futures slip as soybeans ease on CBOT

In Chicago soybean futures slipped again on Tuesday unable to regain momentum. Wheat for May delivery fell to 2.83 a bushel, May corn rose to 2.03, May oats increased to 2.07, May soybeans dropped to 4.73 a bushel.

MENTIONED IN THIS ARTICLE

Chicago Chicago Board of Trade
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Dow Jones Closes Higher Amid Broad Market Advance

The Dow Jones Industrial Average ends at 10,313.71, up 48.99 points. Major indexes show gains with the S&P 500 at 1136, Nasdaq at 1804, and Wilshire 5000 near 10,669 as volume totals reach about 1.43 billion shares on consolidated NYSE activity.

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Eastern Cornbelt carcass prices ease in uneven trading

Stockyards Springfield reports uneven Eastern Cornbelt carcass prices with declines of about 0.50 across several fatback weights from 0.5 to 0.9 inch. Today's Illinois Direct Hogs totals reach 12,387 with steady to light demand, showing price ranges for hogs by weight from 24.00 to 32.00 dollars, reflecting mixed buyer interest.

MENTIONED IN THIS ARTICLE

Springfield Illinois
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Economy defies recession claim as growth rebounds

Economists note U.S. growth resurgence after a spring slowdown and post 9/11 shock. Manufacturing improves, construction surges, and unemployment trends lower, leading some experts to call the downturn a recession that never truly occurred. Merrill Lynch cites a 6 percent first quarter growth amid policy and inflation factors.

MENTIONED IN THIS ARTICLE

America U.S Merrill Lynch
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