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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jun 02, 2004
Page
5
Wall Street ended mixed after a late day turn as solid construction spending and manufacturing growth offset fears from a Saudi oil attack and higher oil prices. The Dow rose 14.20 points to 10,202.65 amid light volume after a holiday weekend.
Market watch for June 1, 2004 shows NYSE totals with 1,693 advances and 1,582 declines, 143 unchanged, and volume of 1.54 billion. Nasdaq diary lists 71,711 advances, 1 decline, and 362 unchanged with volume around 1.43 billion.
The S&P 500 added 0.52 points to 1121.20 while the Nasdaq rose 4.03 to 1990.77. After a strong week, stocks paused, with investors wary of making large bets.
Eastern Cornbelt carcass prices range from 68.25 to 84.60 per hundredweight by thickness. Today's negotiated purchases total 12,859. Illinois Direct Hogs show steady to 3.00 lower prices with light demand. US 1-3 weights from 39.00 to 46.00 per hundredweight, boars under 300 pounds 38.00-42.00, over 300 pounds 10.00-12.00.
Chicago grain and soybean futures climbed on Tuesday with July wheat up 26.0 cents to 3.88 a bushel, July corn up 20.0 cents to 3.24, July oats up 10.0 cents to 1.57, and July soybeans up 50.0 cents to 8.64 a bushel.
U S District Judge Phyllis Hamilton ruled the Partial-Birth Abortion Ban Act unconstitutional stating it infringes a woman's right to choose. The decision affects Planned Parenthood clinics nationwide and follows multiple challenges to the Bush administration backed law.
Washington reports a fear premium lifting pump prices beyond 2.00 per gallon as terror fears raise crude costs. Analysts say 10 to 15 dollars may be added per barrel due to risks of Saudi, Iraqi disruption after the Khobar attack that killed 22 oil workers.
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