Stocks decline for second straight day in autumn rally
Investors persistent skepticism pushes Wall Street lower for the second consecutive week as fears over fourth quarter profits and potential conflict with Iraq weigh on markets. Dow slides 104.69 to 8433.71, Nasdaq -37.13, S&P -12.10, weekly losses widen. bears or bulls debate whether October rally was misleading.
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New York
Wall Street
Iraq
Dow
Standard & Poor
S&p
Dow Jones Ends Higher After Volatile Session
Dow Jones Industrial Average closed at 8,433.71, up from 8,329.02 earlier in the session. The index traded between 8,422.94 and 8,536.07 as NYSE volume reached about 1.26 billion shares.
Oaxaca Denies McDonalds in Historic Plaza Protest
In Oaxaca Mexico city residents vote to bar McDonalds from the 16th century central plaza by circulating tamales and blocking the fast food chain. The move splits opinion with many locals arguing foreign business limits jobs while others defend culinary heritage. Maria Elena Room, 37, criticizes the decision as a setback for economic growth.
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Oaxaca
Mexico
McDonald’s
Stockyards Springfield Hogs Markets Mixed On Light Demand
Eastern Cornbelt carcass prices show limited acceptance on light test with 0.5 to 0.9 inch backfat ranges from 40.40 to 47.57. Illinois direct hog purchases total 16,090 as buyers show steady to light demand for moderate to heavy offerings with price spreads by weight class. Boars under 300 pounds bring 12.00 to 18.00 while over 300 pounds bring 4.00 to 6.00.
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Springfield
Illinois
Grain futures slip as demand optimism wanes on CBOT
Chicago grid: Soybeans ease on waning demand, wheat dips amid dim export outlook. Wheat for March off 2 cents at 3.52, March corn up 1 cent to 2.40, March oats down 1 cent to 2.01, January soybeans down 4 cents to 5.72 a bushel.
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