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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jan 26, 2002
Page
5
Investors send blue chips higher while tech shares ease amid conflicting signals on growth. Greenspan’s remarks raise hopes a recession could end, yet many firms still show uncertain demand. Dow up 44.01 to 9840.08. Nasdaq -4.88 to 1937.70. S&P 500 up 1.13 to 1133.28.
Dow Jones Industrial Average ends at 9,840.08 up 44.01 points as major indexes rise. S&P 500 sits at 1,133.28 and Nasdaq comp advances to 1,937.70 while NYSE and Wilshire show robust volumes and gains.
NYSE closing prices listed many names including IBM 110.69 and GM 21.78 with varied gains and losses. Alphabet soup of tickers shows JPMorgan 36.02, Coca Cola 45.15, Microsoft not shown, with overall mixed activity across sectors.
A sanitized OCR fragment reads as a sequence of numbers and letters including 46 A2 50 54 36 27 U oat with no clear context or identifiable subjects. The text appears to be incomplete and lacks verifiable entities or a coherent event.
EU Trade Commissioner Pascal Lamy and U.S. Trade Representative Robert Zoellick said Washington will be given time to comply with a WTO ruling that could allow up to 4 billion dollars in tariffs on U.S. exports. The two months to secure WTO approval for a sanctions list could be delayed if the United States pursues a good faith compliance program to end the subsidies.
Grain futures on the Chicago Board of Trade moved on weather forecasts for South America. Soybeans tumbled as corn also fell, with wheat edging higher. March delivery prices fell for corn oats and soybeans, while beef and pork futures advanced on the Chicago Mercantile Exchange.
Stockyards Springfield reports steady to .75 higher carcass prices across typical weights with 0.5 inch bf 51.76-61.08 and 0.9 inch bf 47.76-58.33. Illinois direct hogs show light to moderate demand with price ladders for 1-3 300-400 lb to over 600 lb ranges and boar bids 18.00-27.00 for under 300 lb, 12.00-15.00 over 300 lb.
The National Association of Realtors reported 5.25 million existing homes sold in 2001, a 2.7 percent rise from 2000 and a new record. Low mortgage rates, averaging 6.97 percent for the year, helped offset recession and job losses, boosting prices to a median of 147,500 dollars, up 6.1 percent from 2000.
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