Late rally lifts Wall Street on strong data
On Tuesday the market reversed late as solid economic data offset fears from rising oil. Oil surged after an attack in Saudi Arabia killed 22, pushing crude to a record 42.33 a barrel. Inventories showed construction spending and manufacturing breadwinner strength, keeping the Dow near 10,203 as volume remained light post holiday.
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Stockyards Springfield Hog Prices and Negotiated Purchases
Eastern Cornbelt carcass prices per inch bred by quality range from 0.5 inch at 73.75 to 84.60, 0.6 inch from 72.25 to 83.25, 0.7 inch 70.75 to 81.90, 0.8 inch 70.75 to 80.55, and 0.9 inch 68.25 to 79.20. Today's negotiated purchases total 12,859. Illinois Direct Hogs.
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Market Watch June 1 2004 Russell and Nasdaq Diary
Market watch reports June 1 2004 data with Russell 2572.49 NYSE diary totals 1 693 new highs 1 582 declined 143 unchanged 79 volume 1 538 093 200 Nasdaq diary new highs 1 711 declines 1 418 unchanged 362 volume 1 432 025 089.
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NYSE
Newlows
Markets Inch Higher After Solid Last Week Gains
The Standard & Poor's 500 rose 0.52 to 1121.20 and the Nasdaq gained 4.03 to 1990.77, as investors paused on big bets after a strong prior week. Stocks closed higher following a solid weekly advance, with traders cautious ahead of further moves.
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Standard & Poor
Cattle price report with steady to lower bids
The market shows steady to three dollar lower prices with light demand. US 1-3 cattle at 300-400 lbs bring 39.00 to 42.00, 400-500 lbs 42.00 to 44.00, 500-600 lbs 43.00 to 45.00, and a few over 600 lbs at 44.00 to 46.00. Boars under 300 lbs sell 38.00 to 42.00, over 300 lbs 10.00 to 12.00.
Grain futures rise on Chicago Board of Trade
Grain and soybean futures climbed on the Chicago Board of Trade with July wheat up 26 cents to 3.88 a bushel July corn up 20 cents to 3.24, July oats 10 cents higher to 1.57, and July soybeans up 50 cents to 8.64 a bushel.
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Chicago
Chicago Board of Trade
Partial-Birth Abortion Ban Deemed Unconstitutional
Federal Judge Phyllis Hamilton ruled the Partial-Birth Abortion Ban Act unconstitutional, saying it infringes on a woman's right to choose and imposes an undue burden. The decision, supported by Planned Parenthood, affects about 900 clinics and roughly half of U.S. abortions annually.
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Monica Goodling
Fear premium pushes oil and gas prices higher
Washington reports that fear of oil supply disruption is raising pump prices beyond $2 per gallon. Analysts say investors add 10 to 15 dollars per barrel due to terror risks following al Qaeda linked attacks on Saudi oil sites, with Khobar killings boosting the fear factor and oil futures.
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