Mixed Intel and DuPont news push stocks lower in volatile session
Wall Street fell as mixed earnings from Intel and a weak DuPont outlook spooked investors. The Dow dropped 119.44 points to 8723.18 while the Nasdaq slid 22.19 to 1438.80 and the S&P 500 declined 13.44 to 918.22 amid concerns over capital spending and corporate profits.
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Wholesale prices steady after December reading
Wholesale prices held steady in December as the economy stayed weak. Excluding energy and food, core prices fell for the second straight month, while energy gains offset declines in computers and cars. Fed business-survey notes sluggish growth, with Dallas weak.
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Washington
Labor Department
The
Federal Reserve
Grain futures close mixed as soybeans slip on weak demand
Chicago soybeans finished lower as funds bought early then sold, with March soybeans at about 5.49 a bushel. Wheat eased around 3.12, corn steady near 2.31, and oats rose to about 2.13. Export demand and moisture needs in hard red winter areas weighed on sentiment.
Stockyards Springfield Hog Report Shows Mixed Prices
Eastern Cornbelt carcass not well established with feeder and hog price ranges per inch of back fat. Today's negotiated purchases total 16 706 Illinois Direct Hogs Lowery trend shows steady demand with light to moderate offerings. Prices vary by weight from 16.00 to 24.00 for 1 to 600 plus pounds and boars show 12.00 to 19.00 for under 300 pounds and 4.00 to 6.00 for over 300 pounds.
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Springfield
Illinois
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