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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Feb 22, 2002

Page

4

Stocks Fall on Lingering Worries Plunge Widens

Wall Street closed lower as sellers returned, with the Dow down 106.49 at 9,834.68 and the Nasdaq slipping to 1,716.24. Tech led losses after Ciena issued a revenue warning and Intel cut earnings guidance, signaling renewed risk aversion.

New York Wall Street Tech Ciena Intel

Soybeans Slip After Rally Fades on CBOT Trading

Chicago grain futures show soybeans down with no fresh catalysts to push higher while wheat eases and corn holds steady. March soybeans drop to 4.44 per bushel, wheat at 2.78 3/4, corn steady at 2.06 3/4, oats rise to 2.25 per bushel.

Dow Jones Ends Higher After Volatile Session

Dow Jones finishes at 9834.68 up 106.49 as trading tracks mixed signals from tech and banks. S&P 500 slips to 1080.95 while Nasdaq edges higher, NYSE volume totals top 1.65 billion shares with 1,289 issues up and 1,853 down.

NYSE

Dow Dips After Brief 10,000 Break As Manufacturing Improves

The Dow briefly rose above the 10,000 mark after the Philadelphia Fed said January manufacturing activity in the region improved for the second straight month. Gains faded as market gloom persisted.

Dow Philadelphia Fed

Eastern Cornbelt carcass prices hold near steady at Stockyards Springfield

Eastern Cornbelt prices are steady to weak with lean ranges for 0.5 to 0.9 inch backfat and negotiated purchases of 13,920 Illinois Direct Hogs. Demand is moderate for light offerings as weights from 300 to over 600 pounds fetch 24.00 to 31.00 dollars. Boars under 300 pounds bring 22.00 to 27.00 while over 300 pounds sell 12.00 to 16.00.

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Closing Stock Prices Reported in Brief

A fragment shows stock prices with figures 38.46 and 52.80 followed by 13.49 and 274, suggesting a condensed market update. No company names or dates are readable, but the numbers imply a quick rundown of equity values and indices.

Recession May Be Over as Indicators Turn Up

Private economists cite a 0.6 percent January rise in the Conference Board Leading Economic Indicators and a narrower December trade deficit of 25.3 billion as signs the downturn may have ended. The Dow slipped 106.49 to 9834.68 as economists revise estimates, with GDP likely up about 1 percent for Q4.

Washington The Conference Board Commerce Department U.S

Also Mentioned on This Page

Richard E. Cripps Legg Mason Baltimore Dow Jones Standard & Poor Chicago Chicago Board of Trade Alcoa Inc Clear Channel Lee Ent Qccom Ameren Coke Lowes Ryerson Conag May Dept. Stores Apple Solutia Applied Materials CVS Corp. Maytag Archer DVN McDonald Southern Co Dillard's First Data Corp Nat. Banc US Bancorp Bob Evans Ford Motor Co Olin USG P-Com Verizon BP Amoco Gen Dyn Harley Davison Pennz Pil Quaker Brunswick Harrah's Pepsi Walgreens CNRI Pepsi Americas Wal-Mart CAT First Ciena Corp Kinder Morgan Polaroid Union Securities Inc Cifra(v Kmart ProFac Coop Carbondale Proxim Inc Sipc Cinf Kroger Ken Goldstein Kevin Hassett American Enterprise Institute National Bureau of Economic Research Bureau Elkville Legacy Oak Inc Elam’s” Mattress & Foundations Elam’s Rand New Muattty Fiam Chi T&t Furniture Srest
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