Stocks end 2002 with modest declines on light volume
Wall Street closed the final trading session of 2002 with modest losses as consumer confidence fell to 80.3 from 84.9 in November, sending the Dow down 35.24 to 8297.61 and the Nasdaq at 1335.74 while the S&P 500 slipped to 875.48. Analysts cited weak volume due to holidays and worries about oil, Iraq, and North Korea tempering gains. Tyco rose after accounting revelations while Target slipped on weak same store sales.
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The Wine Tasting Ritual Explained by Jerry Romansky
The column explains why the wine tasting ritual matters beyond formality. Swirl sniff and sip reveal spoilage, cork damage, or temperature issues. A proper nod confirms acceptance, while cork comparison is rarely used. The piece also notes a playful dig at the reader’s connoisseur label.
Donatos Opens 175th Store in North Ridgeville
Donatos heads to Ridgeville opening its 175th store January 15 at TOPS Center Ridge and Lear-Nagle. The 55-employee dine-in location seats 88 with table phones to order. Proceeds support Community Care with each new store donation.
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Dollar Mixed as Gold Falls in Europe Trading
In European trading the U S dollar showed a mixed performance against major currencies while gold declined. The euro stood at 1 0478 dollars in late European dealings, up from 1 0450. By midday in New York the euro was at 1 0489 dollars.
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