Dow surge lifts market to six month high on upbeat data
Investors pushed the Dow Jones industrial average up 262.73 to 10,368.86 the best close since August as positive data from consumer spending incomes and ISM point to expansion. Nasdaq gained 71.25 to 1,802.74 and S&P rose 25.05 to 1,131.78.
MENTIONED IN THIS ARTICLE
New York
Hugh Johnson
First Albany Corp
Commerce Department
United States
Institute For Supply Management
National Association of Purchasing Management
Johnson
First Albany
Soybean futures rise on MT rumors amid crop market rally
In Chicago, soybeans hit five week highs as rumors China would ease GMO rules spurred buying. Wheat and corn also climbed while May soybeans gained over 2 percent despite the unfounded claim that import rules would speed up. Wheat May at 2.785, corn 2.085, oats 2.03, soybeans 4.515 a bushel.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
China
Stockyards Springfield Hogs Prices and Weights Report
Eastern Cornbelt carcass prices mostly steady across weights from 0.5 to 0.9 inch bf with ranges 52.00 to 57.73, 51.74 to 57.20, and 50.50 to 56.48. Illinois direct hog purchases total 11 684 with light demand and 1 3 300 400 Ibs at 24.00-29.00, 400-500 Ibs 26.00-28.00, 500-600 Ibs 27.00-31.00, over 600 Ibs 28.00-32.00. boars under 300 Ibs 22.00-27.00, over 300 Ibs 12.00-16.00.
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Springfield
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Kroger
Lehmer
AES Cp
AOL
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At&t S
LillyEli Att Wrls
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AMD
Lucent
Mbna Af
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ManorCare
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Marinia
AmExp
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Maxter
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Appibio
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Bk of Am
Micront
BellSouth
Millipore
BestBuy
Mirant
Biovail
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Boeing
NtSemi Calpine
NokiaCp
Celestic G
NorflkSo
Cendant
NorfelNw
ChevrnTex
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Penney
ClearChan
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PepsiCo
Compaq Pfizer
CompAs
Pharmacia
Conoco
PhilMor
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PhilPet
Corning
Proctg
CrwnCstle QwestCm
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Raytheon
DowChm
RiteAid
DuPont
SBC Com
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Etrade Schimb
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Alcoa Inc
Clear Channel
Ent
Qcom
enElec
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Coke
Ryerson
Mills
Teradyn
May Dept. Stores
Sears
Tesoro
Apple
Conag
Solutia
GnMotr
Texinst
Applied Materials
CVS Corp
Maytag Southern Co
Archer
DVN
McDonald
Avaya Financial
Dollar General
Microsoft
SunMicro
Gillette
Tyson
AXA
Super Value
OtdMicro
Union Planters
Goldmans
US Bancro
Baker Hughes Eateries
Nbty Inc
Guidant
Bemis
Occi. Petrol
Unova
4Ca Inc
UtdTech Birm
Steel
Nat. Banc
US Bancorp
Jallibtn
VerizonCm
Bob Evans
First Data Corp. Olin
USG
Boeing Gen Dyn
P-Com
Hewlett P
Wachovia
BP Amoco
Harley Davison
Pennz Pil Quaker
Hilton
Brunswick
Harrah's
Pepsi
Walgreens
Intel Pepsi Americas
WA Mats If
CAT
Integra
Wendys
IBM Waters
CBRL
JC Penney
Phillip Morris
Worldcom
IntPap
Chester Bancorp
Kerr McGee
Pier
First Interpublic
WellsFrgo
Cifra(v
Kmart
ProFac Coop
Xerox
CINF
Proxim Inc
SIPC
vjKmart
Dow Jones Hits High Opened on Strong Volume
Dow Jones Industrial Average closed at 10,368.86, up 262.73 from the session. The S&P 500 stood at 1131.78, NYSE index at 588.63, Nasdaq Composite at 1802.74, American Stock Exchange index 872.78, and Russell 2000 at 478.34. Total volume across exchanges reached about 3.34 billion issues traded with 2,228 up, 928 down, and 183 unchanged.
Midway opens to international flights after 40 years
Midway Airport begins international service targeting business and resident ties to Mexico. Mexicana Airlines will fly to Guadalajara and nearby Zacatecas and Morelia, while America Trans Air links five weekly flights to Guadalajara and resort spots Aruba Cancun and Grand Cayman. First flight planned for Friday. last international service was in 1961.
MENTIONED IN THIS ARTICLE
Chicago
Midway Airport
Mexico
Mexicana Airlines
Guadalajara
Zacatecas
Morelia
America Trans
Air
Aruba
Cancun
Grand Cayman
Novellus Systems Beats Q1 Estimate as Dow Rallies
Novellus Systems said it would beat first quarter earnings by a penny. The stock surged 14 percent, rising $5.97 to $48.56. Dow component Intel climbed $2.43 to $30.98 and AMD gained $1.65 to $15.15. All 30 Dow stocks rose, led by General Motors up $1.99 to $54.97 after resuming zero percent financing.
MENTIONED IN THIS ARTICLE
Novellus Systems
Dow
Intel
Advanced Micro Devices
General Motors
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