Dollar slump drags stocks as dollar shocks Wall Street
The dollar’s steep drop lifts interest rates and depresses key markets. The Dow fell to 3,228.17 as volume stayed light, with analysts noting a lack of buy-side interest. Treasury yields rose while foreign selling pushed US bonds down and German bonds attract higher yields. Some strategists warn of renewed risk but see little acute panic.
MENTIONED IN THIS ARTICLE
Wall Street
New York Stock Exchange
Len Hefter
Jefferies & Co
Dallas
US Treasury
Elyria Memorial Hospital installs new MRI unit
Elyria Memorial Hospital and Medical Center lowered a 13 ton magnetic resonance imaging unit into place with a crane. The $1 million GE Medical Systems MRI will begin testing patients in 4-6 weeks after a remodel. The unit uses radio waves, improves imaging of brain and joints, and enables less invasive procedures. This is the second Lorain County hospital to acquire MRI capability, following Lorain Community Hospital.
MENTIONED IN THIS ARTICLE
Elyria
Elyria Memorial Hospital and Medical Center
General Electric Medical Systems
Milwaukee
EMH
Lorain County Hospital
Lorain Community Hospital
Elyria Memorial Hospital
Buyers rush to take advantage of falling mortgage rates
In July buyers rushed to lock in lower rates, lifting existing home sales 39 percent to a seasonally adjusted annual rate of 4.48 million, the National Association of Realtors said. Midwest and South led gains while Northeast and West held steady.
MENTIONED IN THIS ARTICLE
Washington
Midwest
South
Northeast
West
National Association of Realtors
Federal Home Loan Mortgage Corp
Rates on securities rise to three-week high
Washington AP reports short term Treasury rates climbed in Mondays auctions. The Treasury sold 11.63 billion in three month bills at an average discount rate of 3.14 percent, up from 3.10 percent last week. Six month bills totaling 1.165 billion were sold at 3.24 percent, up from 3.18 percent. The levels mark the highest since August 3.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Praxar
New York
NYSE
Bya
ArtinLt
ReyMtt
Bn Riteérd
Ambac
Ryder
At&t
Alva Aa SauthCo
Amoco
BankAm
Berlitz
WalMart
Chase
Pierre RL Smith
Chrysir
Cicorp
Cocacis
Wa ‘A Allied Corporation
Alltel
ConAgr S
Conrail
AmerShip
CaStor
Centerior
Cooper
Atte Ve CoBancorp Inc
Ccornins
CPC Inter Inc
DeltaAr
Hlat
Emerson
Bat First Bancorp
Disneys
Ded Goodach
DomRss
Oressr
Invacare
Bancorp
DryStet DuPont
Lesco Inc
Ekodak
Mid-Am
Enrons
Va Nor
Exxon
He Northern Savings Boon
Ohio Edison
Gabhatt Pnc Corp
Genel
Woolworth
GnMotr
GeGull OP
Gillete
Glaxos
Goodyr
Gusiar
Halbin
Hanna
Hmebo
Kellogg
Creston Livestock Auction Results Summary
Creston consignors presented 805 head including goats calves sheep and cattle. Prices ranged for goats 16 to 135 dollars. calves 60 to 168. sheep 27 to 46. hogs sows and boars 30 to 34. Bulls cows and heifers showed wide spreads with feeders and Holstein feeders noted.
Also Mentioned on This Page
Abcrege
William Dodge
Witter Reynolds
Federal Reserve
U.S
Mike Casey
Ken Heebner
CGM Capital
Boston
Landle Ll Tagg
Chris Hunt
Northern Ohio Imaging Center
Lenis Hunt
Hunt
C-T
Hope Kitchen
Fed
Federal
Realtors
Dorcas T. Helfant
John A. Tuccillo
Creston Livestock
Creston
WORD
ROYAL
Cleveland Street
Ghyria
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