A Day on Wall Street Closing Stocks
A Day on Wall Street reports stock market action with a single figure showing a 0.60 point change from the previous close. The item highlights the day's closing mood and investor activity in the market.
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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 27, 2006
Page
5
A Day on Wall Street reports stock market action with a single figure showing a 0.60 point change from the previous close. The item highlights the day's closing mood and investor activity in the market.
Mexican President Vicente Fox urged business leaders to embrace a North American market approach. He promoted US Mexico Canada cooperation, backed immigration reform, and highlighted improved Mexican economic indicators. Fox toasted immigration bills and credited Mexican immigrants for advocacy and progress.
Chicago grain futures closed mostly up on Friday with Wheat July rising to 4.15 per bushel while corn and oats edged higher and lower respectively. Soybeans for July slipped to 5.82 a bushel as soybeans moved down despite gains in other grains.
Wall Street extended a rebound to a third session with a moderate advance as a Commerce Department report showed income and spending rising in April. Core prices eased slightly to 0.2 percent, while the annual inflation rate edged to 2.1 percent. Investors considered the Fed may hold rates steady as demand cools, with the Dow up 0.6 percent and the S&P 500 and Nasdaq also higher.
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