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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Dec 28, 2001
Page
9
Wall Street shows a mixed finish as the Dow gains 43.17 to 10,131.31, closing higher at 10,131.31 after a session with 2,094 stocks advancing and 1,068 declining. Other major indices move higher, including the Nasdaq and the Russell 2000, amid revised NYSE volumes totaling over 1.12 billion shares.
Tech shares led gains as investors anticipated a tech sector recovery. The Dow rose 43.17 to 10131.31 and the Nasdaq added 15.72 to 1976.42 while the S&P 500 gained 7.76 to 1157.13. IBM up 1.10 to 123.50, Texas Instruments 0.70 to 28.75, Apple 0.58 to 22.07. Target up 1.19 to 39.65, Ann Taylor down 0.28 to 34.22.
Chicago wheat for March delivery jumps 6 percent to 2.91 a bushel as Egypt buys U S wheat for the first time in three months. Soybeans ease while corn oats and livestock futures move modestly. Live cattle and feeder cattle post slight declines, lean hogs rise, frozen pork bellies gain.
Stockyards Springfield AP reports higher carcass prices in the Eastern Cornbelt with 0.5 to 0.9 inch backfat ranges from 38.55 to 51.80 per cwt and negotiated purchases totaling 19,393. Illinois Direct Hogs prices show steady to mixed quotes from 20.00 to 26.00 per hundredweight by weight class with boars 12.00 to 20.00 depending on size.
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