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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Feb 16, 2002
Page
5
Eastern Cornbelt carcass prices fell about one dollar with varying ranges by fat depth. Illinois Direct Hogs Laws show steady prices across weight classes with several price points from 25 to 32 dollars. Boars fetch 12 to 28 dollars depending on weight.
Wheat futures on the Chicago Board of Trade slid sharply in a technical driven retreat, dropping about 5.2 cents to $2.75 a bushel for March delivery. Corn fell as well while oats rose slightly and soybeans edged up, reflecting broad market weakness across grains.
Wall Street retreated Friday as investors sold to lock in gains after a rally and a weak consumer sentiment read. The Dow fell 98.95 to 9903.04, Nasdaq dropped 38.17 to 1805.20, and the S&P 500 declined 12.30 to 1104.18, with IBM down 5.00 to 102.89 on a $300 million cost-cutting sale.
Details show Dow Jones High at 10007.11 and close at 9903.04, down 98.95. Major indexes Nikola show S&P 500 at 1104.18, Nasdaq at 1805.20 rising, NYSE composite 571.25 and Russell 2000 at 469.25 with mixed moves. NYSE volumes reveal revised 4 PM volume of 1.3569 billion and after hours 11.229 million, total consolidated 1.6826 billion across 3321 issues.
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