Dow slides as Enron concerns roil markets and Tyco sinks
The Dow tumbles 247.51 points, the Nasdaq falls 50.92, and the S&P 500 drops 32.42 amid fears over corporate accounting after Enron. Tyco dives about 20 percent on debt worries and a reported $20 million payment to an outside director. GE also declines sharply as investors fret over broader earnings practices.
MENTIONED IN THIS ARTICLE
Wall Street
Enron
Tyco
Dow
Standard & Poor
Wall Street Journal
Bill Barker
RBC
Davi Rauscher
General Electric
Richard A. Dickson
Hilliard Lyons
Wrinkle Cream Hypes Age Spot Solution in Mailbag
Dear readers praise EB5 Facial Cream for reducing wrinkles. A pharmacist, Robert Heldfond, markets EBS formulas including Age Spot Formula sold at JCPenney with a 100 percent satisfaction guarantee. Call 1-800-929-8325 or visit www.ebs.com for details.
MENTIONED IN THIS ARTICLE
Patty
Madison
Robert Heldfond
Jcpenney
Heldfond
Ebs.com
Eastern Cornbelt carcass prices steady with uneven bids
Stockyards Springfield reports uneven but mostly steady carcass prices across 0.5 to 0.9 inch backfat ranges. Illinois direct hog purchases total 11 611 with demand moderate and prices rising modestly for lighter to midweights. Boar prices vary by weight from 12.00 to 30.00 with most under 300 pounds at 22.00 27.00.
MENTIONED IN THIS ARTICLE
Springfield
Dow Jones Finishes Near Lows as Market Closes Mixed
Dow Jones 9 618.24 down from 9 908.16 high and 9 616.65 low. S&P 500 at 1100.64 down 32.42, NYSE 564.93 down 14.20, Nasdaq 1892.99 up 30.92. Wilshire 5000 near 10 317.70 billion while total issues traded reach 2 319 with 962 higher and 2 162 lower.
MENTIONED IN THIS ARTICLE
Alcoa Inc
Coke Lowes
Ameren
Ryerson
Conag
May Dept. Stores
Sears
Apple
CVS Corp
Maytag
Solutia
Applied Materials
DVN
McDonald
Archer
Dillard's Southern Co
Metlife
Southwest
Avaya Financial
Dollar General
Microsoft
Sun Micro
AXA
DuPont
MIPS
Eateries
Super Value
Baker Hughes Nbty Inc
Union Planters
Bemis
Fifth Third
Occi. Petrol
Unova
Birm. Steel
First Data Corp
Old Nat. Banc
Bob Evans
Ford Motor Co
Olin
US Bancorp
USG
Boeing
Gen Dyn
P-Com
BP Amoco
Harley Davison
Pennz Pil Quaker
Verizon
Brunswick
Harrah's
Pepsi
Wachovia
CNRS
Intel Walgreens
New York
P Honchlint
Houshint
Chg
IBM
ACE Ltd
AES Cp
Jpmorgch
AOL
Jabil At&ts 1S
Lehmer
Allstate
Libtyma AmExp
LillyEli
Lowell
AmTower
Lucent Americat
MellonFnc
BankOne
Merck
Bk of Am
Bkny
MerrillLyn
Bard
MetrisCos
Micront Baxters
Mirant BellSouth
BestBuy
MorgStan
Biorail
Motorola
NtSemi
NokiaCp
Broadwing
Norteign Calpine
CapOne Am
OffcDpt
PNC
CaremkRx
Penney
Cendant
ChevrnTex
PepsiCo Citigro
Pfizer
ClearChan
Pharmacia
PhilMo
Raytheon
Coventry RiteAid CrwnCstle
Disney
RylCarb DowChm
RaylDut
SBC Com
Safeway
Duke Egg Schergp
Dynegy
Schwab
EMC Cp
Ekodak
SciAtlanta
el Paso Cp
Elan
SilenGph Selectm Eds
Exxonm S
Spmtfon
Sprntpcs FanniMae
TaiwSems FleetBest
Texinst
FootLockr
Fordc Pfs
UtdMicro
FredMac
US Bancro
GATX
UtdTech
Gap
Gateway
VerizonCm
GenElec
Viacomb
GaMetr
Vodafone
GM H
Gillette
WalMart
Goldmanss
Waigrn
Guidant
WA Mats
Hallibin
WellsFrgo
Hanover
WmsCom
Hithsth
WmsCos
Hewlett P
WmsCos UN
Xerox
Grain futures slip as weather, demand weigh markets
Chicago futures for wheat, corn, and oats fell on a mixed demand and weather backdrop. Soybeans pressured by rain in South America with forecasts predicting beneficial precipitation for southern Brazil. Beef futures rose while pork trade ended mixed as grain prices eased on concerns over demand.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
South America
Brazil
Consumer confidence rises for second straight month
The Conference Board reports its Consumer Confidence Index at 97.3 in January up from 94.6 in December, driven by optimism on jobs and the economy. Analysts note improved sentiment supports spending as inflation and layoffs ease, while current conditions show mixed views on business conditions.
MENTIONED IN THIS ARTICLE
New York
Lynn Franco
The
Conference Board
Consumer Research Center
Franco
Afghanistan
Mark Zandi
Economy.com
West Chester
Commerce Department
U.S
Federal Reserve
Fed
Alan Greenspan
Congress
Also Mentioned on This Page
America
Todd Clark
Wells Fargo Securities
NYSE
Illinois
Sprint
PCS
Dati
Os FF
Audiovox
Sprint Pcs
Carbondale
E. Main St
Suite K
Sprint Pcs Advantage
Sprint Spectrum LP
Sprint Communications Company LP
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