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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jan 16, 2002

Page

5

Buying resumes on Wall Street as investors stay cautious

Buyers returned to Wall Street in New York on Tuesday seeking cheaper stocks after six straight losses but worried ahead of fourth quarter earnings. Intel's results loom as traders trimmed risk, with the Dow rising 32.73 to 9,924.15 after volatile swings. The prolonged six-session decline, the first since before 9/11, weighed on mood as the market closed higher on mixed signals.

New York Wall Street Intel’s Larry Rice Josephthal & Co

Grain futures mixed as soybeans ease on light demand

Chicago grain markets saw mixed futures with wheat down 4% as export demand wanes. March corn rose 1 cent to 2.12 a bushel, oats 1 cent lower to 1.89, soybeans 1 cent lower to 4.46. Live cattle futures rose, feeder cattle up, lean hogs and pork bellies higher on quiet trading.

Chicago Chicago Board of Trade

Dow Jones Closes Lower Amid Broad Market Shifts

The Dow Jones Industrial Average ends at 9,924.15, down 32.73 points from the prior session as mixed results hit major indexes. The S&P 500 sits at 1,146.19, down 7.78. Nasdaq Composite at 2,000.91, down 10.17. NYSE index 582.63, down 3.59. Russell 2000 at 485.00, up 1.99. Wilshire 5000 near 10,683.37. Volume across NYSE totals show 1.68 billion consolidated trades with 1,884 gainers and 1,264 losers.

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Market indices rise on mixed trading session

The Nasdaq composite gained 10.17 points to 2,000.91, up 0.5 percent, as the Standard & Poor's 500 index climbed 7.78 points to 1,146.19, a 0.7 percent advance. The day showed wide fluctuations across major averages as traders moved between sectors.

Standard & Poor

Stockyards Springfield Hogs Prices Steady to Firm

Eastern Cornbelt carcass prices range 44.25 to 57.31 per 100 pounds across thicknesses. Today's Illinois Direct Hogs purchases total 9,833 with bids by weight class from 22.00 to 29.00 for 1 3 300 400 to over 600 pounds. Boars zinc values: under 300 pounds 18.00 to 23.00, over 300 pounds 12.00 to 15.00.

Springfield

Holiday shoppers keep spending despite gloom

Washington AP reports December retail sales fell 0.1 percent from November, better than predicted. Clothing, electronics, home furnishings and health products rose while gasoline, sporting goods and building supplies dropped. Auto sales slipped 0.1 percent as discounts waned. excluding autos and gas, sales rose 0.3 percent. Consumer confidence rebounded and stock indexes rose as energy prices fell and rates remained low.

Washington Commerce Department Carl Tannenbaum LaSalle Bank ABN Amro Conference Board Wall Street Dow Jones

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