Stocks rebound as S P predicts end to write-downs
A fractious Wall Street rallied from an early plunge to close higher as Standard & Poor's projected writedowns of subprime asset backed securities totaling up to 285 billion globally, signaling the end may be in sight for major banks. The Dow rose 35.50 to 12,145.74, while the S&P 500 gained 6.71 to 1,315.48 and the Nasdaq climbed 19.74 to 2,263.61 amid firmer commodities and dollar weakness.
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Grain futures mixed on CBOT with wheat drop and corn gain
Agricultural futures in Chicago traded mixed on Thursday at the Board of Trade. May wheat fell 38.5 cents to 12.44 a bushel, May corn rose 2.25 cents to 5.695 a bushel, May oats slipped 0.75 cent to 4.01 a bushel, and May soybeans jumped 7.75 cents to 14.0275 a bushel.
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Chicago — Agriculture
Chicago Board of Trade
Associated Press
New stores opening at University Mall in 2008
University Mall in Carbondale announced four new or expanded outlets for 2008 plus Southern Illinois Healthcare plans a new medical service center this summer. The Breast Center will offer full breast health care and diagnostics. Victoria’s Secret expands to a larger prototype store. Fred’s Casual and Urban Wear opens today. a Wireless Plaza kiosk and a new Vanity teen shop also opened. Mall management vows improved service as Stoltz Real Estate Partners owns and manages the 667000 square foot complex.
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Garfield’s
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Wireless Plaza
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Bala Cynwyd, Pa
Eastern Cornbelt carcass price list from Stockyards Springfield
Prices for carcass weights 0.5 to 0.9 inch backfat range 46 75 to 53 43 with negotiating activity noted. Illinois direct hog purchases were not available from the source.
MENTIONED IN THIS ARTICLE
Springfield
Illinois
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