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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jun 18, 2004
Page
5
Thursday trading for NYSE listed active stocks features varied moves with Chevron Texaco, ExxonMobil, Intel, AT&T, Citigroup, Microsoft and others posting gains or declines. Notable shifts include Alcoa and Boeing higher while Amgen and Yahoo show softer pricing amid broad market volatility.
Eastern Cornbelt carcass prices unavailable. Trading mostly steady with light to moderate demand and heavy offerings. Direct hogs Illinois: 300-400 lb 43.00-46.00, 400-500 lb 44.00-47.00, 500-600 lb 45.00-48.00, over 600 lb 47.00-50.00. Boars under 300 lb 38.00-42.00, over 300 lb 10.00-13.00.
Grain futures in Chicago mixed on Thursday with wheat for July up to 3.52 a bushel while July corn slips to 2.77, oats at 1.42, and soybeans down to 8.63 a bushel.
New York traders faced a mixed signal as government data showed fewer jobless claims yet wholesale prices surged in May. The Dow fell 2.06 points to 10,377.52 while the Nasdaq slipped 0.7 percent and the S&P 500 edged down. Investors await the Fed meeting and Iraq developments for clarity.
The dollar fell against major currencies in New York after U.S. data showed continued strength, even as the Swiss National Bank surprised markets with a 25 basis point rate hike to 0.5 percent, the first increase in four years.
California Attorney General Bill Lockyer filed a state court suit accusing Enron of manipulating the electricity market during the 2000 01 energy crisis to boost profits. The complaint cites fraud schemes from 1998 to 2001, including causing and profiting from congestion on transmission lines.
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