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Southern Illinoisan in Carbondale, Illinois

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Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jan 16, 2003

Page

22

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.

New York Intel Wall Street DuPont Charles Pradilla SG Cowen Securities Standard & Poor Applied Materials Kla-Tencor Dow America Pradilla Iraq North Korea Goldmans NEW York (Ap NYSE Hallibin Hewlett P AES Cp AGCO Houshini AOL IBM At&t Rs Kohls Agere Kroger LS Log Agilent Lehmer Alcatel Libty MA Alcoa Allstate Lilly Eli Ameren AEP LowesCos Lucent Bot AmExp AmTower Americdt Medtrnic Merck Merrilllyn Micront BJ Soc Mirant BakrHu BankOne MorgStan Bk of Am Motorola Bkny NCR Cp Barrickg Newmtm Baxter Nokia Co BellSouth Nortel Nw BestBuys BestSci Penney PepsiCo BrMySq Pfizer Calpine CapOne MW PhilMor CarMax Placerd Carnival Prudenti Cendant QwestCm ReliantRs Citigro ClearChan RiteAid Cocacl SBC Com Coeur Studes CompAs SchergPi ConocPhil Schimb Corning Schwab Selectra DukeEgg Dynegy Spratpcs Etrade StateStr TainSemi EMC Cp Target Ekodak Taubma ElPasoCp Telmexl Elan EDS TenetHits Emulex Teradyn If. Texinst EggEast Transoen ExxonMb FanniMae FstDatas FishrSci Tycointl FleetBost Viual UtdMicro Flemng US Bancro Footstar VerizonCm Fordm Fox Ent Viacomb FredMac Vodafone Gap Wachovia Genklec WalMart WA Mat GnMetr GMH WellsFrgo Globalsfe WmsCos Golderpgs Xerox

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.

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.

Springfield Illinois

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