Enron probe drags markets lower as fears grow
U S stocks fell sharply as investors cited widening congressional probes into Enron and related accounting concerns. The Dow dropped 157.90 points to 9,745.14, the Nasdaq slid 54.59 to 1,750.61, and the S P 500 declined 20.84 to 1,083.34, signaling renewed caution about the economic recovery.
MENTIONED IN THIS ARTICLE
New York
Enron
Dow
Standard & Poor
IBM
New York Times
Wall Street
Grain futures rise on CBOT correction before holiday
Wheat for March delivery climbed 2 1/2 cents to 2.77 3/4 a bushel while March corn advanced 3/4 cent to 2.05 3/4. March oats gained 1 1/4 cent to 2.08 3/4 and March soybeans rose 1 cent to 4.38 1/4 a bushel as soybeans finished mostly higher amid mixed investor news.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Stockyards Springfield Prices Bend Higher In Eastern Cornbelt Pork
Eastern Cornbelt carcass prices rise about one dollar with 0.5 to 0.9 inch backfat ranges listed. Today's Illinois Direct Hogs Sows total 14,373 with sows steady to one dollar lower and light demand for light offerings. Carcass weights 300-600 plus pounds show bids from 24.00 to 31.00 dollars per hundredweight.
MENTIONED IN THIS ARTICLE
Springfield
Illinois
Dow Jones Falls as Investors See Narrow Trading Range
The Dow Jones Industrial Average closed at 9745.14, down 157.90, with the S&P 500 at 1083.34 and the Nasdaq Composite at 1750.61. Volume figures show NYSE totals around 1.48 billion on consolidated trades as investors brace for earnings disclosures and tighter accounting scrutiny, while IBM dipped to 99.54 amid plans for more detail on its books.
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Charles G. Crane
Victory Sbsf Capital Management
IBM
New York
NYSE
viKmart
KingPh S
Kroger
AOL TW
Libtyma
At&t S
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ATT Weis
Lowes
AbtLab
Lucent
AMD
Alcoa
Masco
Amovill
Medtrnic
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MatRisk
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Barrick
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Boeing
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Broadwing
CVS Cp
OffeDpt
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Calpine
Penney
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PepsiCo
Pfizer
Celesticy
Cendant
ClearChan
Proctg
Cocacl
Providf
Prudent
Compaq CompAs
QwestCm
Corning
RadioSik
CoxCom
RiteAid
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RoylDut
Disney
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Stilwell F
FitData
FleetBest
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FredMac
Texinst
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Transcen AW
CVS Corp
Gap
Lec
Tycointl Applied Materials
Southern Co
GaMotr
UAL
Archer
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Microsoft
GMH
MIPS
GaPacif
UtdMicro
DuPont Super Value
Gillette
US Banero
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Gen Dyn
Verizon
BP Amoco Pennz Pil Quaker
WalMart
Brunswick
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WA Mats Wf
Pepsi Americas
Walgreens
WsteMinc Ole
CAT
Wal-Mart
Weathfint
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Phillip Morris
Houshini
Chester Bancorp
Kerr McGee
Pier
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Gena Corp
Kinder Morgan
First IBM
Wdigit
Cifra(v
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Union Securities Inc
WmsCos
Proxim Inc
Jpmorgch
XcelEngy
Clear Channel
Ent
Housing construction rises to high levels in January
Washington AP reports construction of new homes and apartments rose 6.3 percent in January to a seasonally adjusted annual rate of 1.68 million, the highest since February 2000. Single family starts up 3.5 percent to 1.35 million, multifamily up 8.3 percent to 287,000, with Northeast up 8.7 percent to 162,000.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Wall Street
Enron
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SIH
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