Stocks end dreadful year with sharp losses
Stocks closed 2001 on a down note as the Dow, Nasdaq, and S&P all fell, sealing a second straight year of declines. Analysts expect a better start to 2002 as earnings stabilize and cash sits on the sidelines, with end-of-year tax selling pressuring prices and tech names hit hard.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Alan Ackerman
Fahnestock & Co
Standard & Poor
Dow
S&p
Gateway
Microsoft
America West
Congress
Brian Belski
US Bancorp
Piper Jaffray
Market Close Notes With Dow Edge and Mixed NYSE Volume
Stocks ended with the Dow at 10021.50, up 115.49, while the Russell 2000 slid 5.12 to 488.50. NYSE and other major indexes showed mixed results as volume hovered near 943.69 million shares amid a holiday backdrop with overseas markets largely closed.
MENTIONED IN THIS ARTICLE
Tokyo
Frankfurt
Paris
Britain
Grain and Hog Market Summary From Chicago and Peoria
Chicago futures retreated in light pre holiday trading as soybeans slid on heavier rains in Argentina, with corn and wheat also lower. In Peoria, hogs traded modestly higher while cattle prices edged up for select slaughter steers and heifers, and cows remained scarce. March wheat fell to $2.89, March corn to $2.09, oats rose to $1.95, and soybeans dropped to $4.21.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Argentina
Peoria
Court orders new look at long distance plan
A DC Circuit panel ordered the FCC to reconsider SBC Communications access charges for long distance in Oklahoma and Kansas. Sprint challenged the ruling, arguing a price squeeze. the court largely rejected that claim, preserving the FCC's approval in those states while urging a fuller review of competitor concerns.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
SBC Communications Inc
Oklahoma
Kansas
FCC
SBC
Texas
Arkansas
Missouri
SBC Southwestern Bell
Sprint Corp
Sprint
SEC
Euro Becomes Europe's Legal Tender At Midnight switch
Greece and Finland led 12 nations as the euro became legal tender at midnight marking a historic currency swap. Helsinki launched euro purchases and Finland opened branches for an hour while Athens saw crowds at ATMs. Reunion Island preceded the rest two hours earlier as the euro rolled out across Europe.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
Greece
Finland
Europe
Helsinki
Sauli Niinisto
Casino Bay
Bank of Finland
Athens
Costas Simitis
Unicef
United Europe
Simitis
Reunion Island
Indian Ocean
European Union
European Central Bank
Wim Duisenburg
Euro Zone
Also Mentioned on This Page
Wal-Mart
NYSE
New York Stock Exchange
Alcoa Inc
Cona
Lowes
Ryerson
Ameren
CVS Corp
May Dept. Stores
Sears
Apple
DVN
Maytag
Solutia
Dillard's
McDonald
Southern Co
Applied Materials
Dollar General
Metlife
Southwest
Archer
Sun Micro
Securities Inc
Carbon- Cifra
Kmart
ProFac Coop
Ale
CINF
Kroger
Proxim Inc
Coke
Ent
Acom
SIPC
NEW York (Ap
ACM Inco
John Jns Jpmorgch
AES C
Aflac S
AOL TW Apw Ltd
KeyEng
At&t S
Keycorp
ATT Wrls
LibtProp
Allstate
LillyEli
AmWest
Loral Sp Lowes
AmExp
Lucent
AmTower
Medirnic
AnalogDev
Merck
AnthCap
Merrilllyn
Aon Corp
ApplBio
Mirant
BankOne
Bk of Am
Motorola MorgStan
Barrick
NtSemi
BellSouth
Newmtm
BestBuy
Nokiac
Boein
NorteiNw
BrMySq
Broadwing
Penne
CVS Gp
PepsiCo
Calpine
Pfizer
CapOne Aa
Proctg
Cirgtycc
Prudent
Citron
QwestGm
ClearChan
ReynReyn
CocaCl
RiteAid
Compaq i
RoylDut
CompAs
SBC Com
Conseco
Safeway
Corning
Schergel
Disney
Schimb
Schwab
DuPont DowChm
DukeEggs
SwstAirls
Etrade Dynegy
Spratfon
Spratpcs
EMC Gp
Ekodak
TaiwSem S
Exxon
TenetHit
FMC Techn
Texinst
Fairchids
Transoen
FanniMae
Tycolntl
Fedrds
US Airway
FleetBost
US Banerp
Fordm
AtdTech
FredMac
ValeroEn
Gap
VerizonCm
Viacomb
GenElec
Vodafone
GMH
Wachovia
Gillette
WalMart
Bu Hca Inc
WellsFrgo
HomeDp
Wdigitl
Honwilint
WmsCom
Houshint
WmsCos
IngerRd
Xerox
U.S. Court of Appeals For the
District of Columbia Circuit
Euro
Yesteryear Tobacconist
S. Illinois Ave
Kaleidoscope
Carbondale
University Mall
Marion
America
Coe
Carterville
Cae
Pact Crtie I Csm
CN EN Ucu Em Locos Crocus Eam
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