Dow Falls as Investors Take Profits in Sharp Slide
Stocks opened lower as major indices dropped amid profit taking with the Dow down 127.80 at 9,072.95 and the Nasdaq and S and P 500 also retreating. Analysts foresee a quiet week ahead until the Fed meeting on rates, while some expect a rate cut to support the economy.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Open Market Committee
Fed
Richard A. Dickson
Lowry
Palm Beach
Fla
Dow
Standard & Poor
Dow Jones
Standard
Russell
Nascent bull market may see pullback after rate cut
Federal Reserve policy makers are expected to cut rates again this week, but traders may shrug as the 13th cut since January 2001 arrives amid a sharp three month rally. Analysts cite lackluster jobs data and weaker Philadelphia manufacturing as signals the stock surge may pause without new economic traction.
MENTIONED IN THIS ARTICLE
Federal Reserve
Larry Wachtel
Prudential Securities
New York
Wall Street
Wachtel
Philadelphia
Stockyards Springfield report on carcass prices and hog quotes
Eastern Cornbelt carcass prices range from 58.00 to 72.81 per hundredweight across thicknesses. Today's negotiated purchases total 13 875. Illinois Direct Hogs laws show prices steady to firm with moderate demand, strong for heavier sows. US 1 3 weights and boar quotes listed with ranges and a few exceptions.
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New York
HCA Inc
NYSE
Hallibin
Hewlettp
IBM
Accenture
Interpublic
AMD Jpmorgch
Johnnn
Agere
Kohls
Agereb
Kroger
Ahold 2l
Alcoa
LS Log
Lehmer
Altria
Libtyma
Amdocs
LillyEli
AmExp
LowesCos
Americdt Lucent
MBNA
AnalogDev
MarvelEnt
Anheust
Masco
AutoData
Maxter Averyd
BankOne
Medicnic
BkofAm
Merck
Bkny
Baxter 5Be
MerrillLyn BellSouth
Motorola
BostSci
NtSemi BrMySq
CVS Cp
NetwirAsc
Cablvsnny Newmtm
NokiaCp
Calpine
NortelNw
CapOne Av
CardalHl
Pgre Cp
Cendant
Penney
PepsiCo
ChesEng
Pfizer
ChevrnTex
Proctg
Chubb
CircCity
Providian
Citigrp
QwestCm
CitiComm ReliantRs
RiteAid
Cocac
SBC Com
Concefs
Corning
Schergp
Disney
SilcnGph DowChmn
Selectra
DuPont
SwstAirs
Spratfon
DukeEgg Spratpcs
Dynegy
TAX
Etrade
EMC Cp
Taiwiemi
Ekodak
el Paso Cp
TenetHit
EDS
Texinst
Transccn ExxonMbl If
FanniMae
Tycointl
FirstData
UtdMicro
FleetBost
US Bancro
Fordm
Utdhithg S
ForestLbs
VerizonCm
FredMac
Viacomb
Gap
Wachovia
Genentech
WalMart
AS GenElec
Walgrn
GaMotr
WmsCos
Goodyear
Wyeth
Guidant
Xerox
Grain futures slide as wheat hits six week low on harvest
Chicago wheat futures fell to six week lows as harvest advances and warm dry weather spreads across winter wheat regions. Soybeans rallied slightly while corn and oats declined after bearish forecasts. July wheat dropped to 3.07 a bushel, July corn 2.39, oats 1.56, and soybeans rose to 6.30 a bushel.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Also Mentioned on This Page
Alcoa Inc
Coke
Lee Ent
Qualcomm
Altria Group Inc
Conag
Lowes
Ryerson Tull
Ameren
Sears
CVS Corp
May Dept
Apple
Devon
Maytag
Solutia
Dillard's
McDonald
Southern Co
Nucor
US Bancorp
Bob Evans
Ford Motor Co
Occi. Petrol
USG
Boeing Gen Dyn. O'charley’s Verizon
BP Amoco
Harley Davidson
Old Nat. Banc
Brunswick
Harrah's
IRS
Reserk Harris & Company
The
Ightfoot Farms & Greenhouses
New Guinea
Lightfoot Farms
N. Jackson Sq
Rt. 13
Murphysboro
DuQuoin State Fair Grounds
Thesouthern
Woilsan
Thesouthern.com
Joseph V. Battipaglia
Ryan, Beck & Co
Battipaglia
Knight Ridder News
U.S
Springfield
Illinois
Carbondale
Mediacom Online
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Cambria
Cobden
Elkville
Harrisburg
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Hurst
Johnston City
Marion
Mound City
Mounds
Royalton
West Frankfort
Zeigler
Mediacom
Mediacom Linenee
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