Dow Rally Follows Inflation Report Charms Markets
The Dow jumped 135.26 points to 6587.16 in an unusually large gain on a tame inflation figure, the second biggest point rise ever, while the Nasdaq dipped on Intel’s cautious forecast and tech woes. Bond yields fell as rates eased, and broader indexes rallied on mixed earnings.
MENTIONED IN THIS ARTICLE
New York
Intel
Dow
Jim Weiss
State Street Research and Management Co
Boston
Fed
Treasury
Caterpillar
Eastman Kodak
Johnson & Johnson
Citicorp
Chase Manhattan
Five year car lease trouble and buyout advice
Dear Bruce advises against five year car leases, noting long binding terms and potential buyout costs. The reader faces near mileage limits and a $5,000 buyout. the columnist suggests evaluating complete transaction costs over monthly payments and warns against relying on sales pitches focused on monthly price rather than total cost.
MENTIONED IN THIS ARTICLE
Bruce
Lexington
B.E
Banana protest erupts over trade policy clash in Washington
About 2,000 pounds of bananas were dumped outside the U S Trade Representative office as protesters accuse the United States of challenging a European Union policy that favors Caribbean banana growers. Spokesman Joseph Hagin of Chiquita Brands said there is no evidence linking the company to the protest and no arrests were made.
MENTIONED IN THIS ARTICLE
Washington
U.S. Trade Representative
United States
European Union
Chiquita
P. 7
Randall Robinson
TransAfrica
Africa
Caribbean
U.S
The
World Trade
Carl Lindner
Clinton
Joseph Hagin
Cincinnati
Chiquita Brands International Inc
Creston Livestock Auction Totals 217 Consignors Sell 653 head
Creston auction records show 217 consignors offering 653 livestock including cattle calves veal and sheep. Prices span cattle types from steers at 58 to 69 dollars and cows 25 to 46 with veal calves 70 to 100 and aged sheep 15 to 70 per head. Some animals failed to meet quoted weights or finish.
MENTIONED IN THIS ARTICLE
Creston
Butcheye
Ite
Anti-smoking activists back tobacco program talks in Raleigh
Anti-smoking groups and tobacco farmers are showing willingness to cooperate minding a federal program of production controls and price supports. Scott Ballin of the American Heart Association and Wake Forest professor David Altman warned eliminating the program could lower raw tobacco prices and push more people to smoke. The Raleigh meeting signaled a bid to find common ground to preserve the program while aiding farmers in transitioning to new crops.
MENTIONED IN THIS ARTICLE
Washington
Scott Ballin
American Heart Association
David Altman
Wake Forest University
Altman
Ite
Ballin
Raleigh
N.C
Also Mentioned on This Page
Federal Reserve
Iy Mon Ke
Cisco Systems
Wasday
New York Stock Exchange
Sauce
Topeka
Smart Money
P.O
Elfers
Bethlilgte
Bruce "Williams
Ces
U.S. Trade Representatives Office
Creston Livestock
Buis
Anti
NYSE
Abi
Wai
Merck
Toby
Baxter
Bae
Ati NiSer
Norwenst
Oh Cvs bAe
Conscoa
TOD Fi Schimb
the Kodak
Sears
Exxon
Bia
Iie Ma ValHith
Aem Va WalMart
Wealbf
Hia
Hmeben
Watgét
NeproftSol
Witarns
Chrysler Parker Hannifin
CoBancorp Inc
Columbia Gas
Royal Appliance
RPM Inc
Emerson Electric Atvo Shenvin Williams
Englehard
Smuckers
SJMA
FirstMerit Bancorp
Ford Motor
Steris
General Motors
Sunrise Medical
Con
T.aw
BF Goodrich
York International
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