Wall Street Holds After Tech Led Rebound
Wall Street declined early on news of Hewlett-Packard job cuts and a revenue warning, but the market recovered, with tech shares leading. The Dow rose 49.96 to 10,455.63, Nasdaq gained 38.64 to 2022.96, and S&P 500 rose 12.44 to 1202.93 as investors weighed weaker earnings ahead.
MENTIONED IN THIS ARTICLE
New York
Hewlett-Packard
Wall Street
JDS
Standard & Poor
Matt Brown
Wilmington Trust
Tech Bellwether
Hewlett- Packard
Dow
American Express
Boeing
FTC pressure draws Internet ire
Washington AP reports corporate executives from General Motors IBM Procter & Gamble Amazon Lands End and others told Congress they favor privacy rules applying to all businesses not just online firms. They warned against singling out the Internet while noting market forces may curb misuse.
MENTIONED IN THIS ARTICLE
Washington
Congress
Billy Tauzin
House Energy and Commerce Committee
General Motors Corp
IBM Corp
Procter & Gamble Co
Amazoncom Inc
Lands’ End Inc
Tauzin
R-La
Wages slow in second quarter amid weaker economy
US workers' wages and benefits rose 0.9 percent in Q2, down from 1.1 percent in Q1, as slower demand and layoffs dampened compensation. Economists warn further wage pressure may ease while inflation fears look calmer. Dow ends higher after mixed data.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Clifford Waldman
Waldman Associates
First Union
David Orr
Wall Street
Hewlett- Packard
Commerce Department
Jerry Jasinowski
National Association of Manufacturers
Federal Reserve
United States
Fed
Also Mentioned on This Page
Mauricio Nevis Botelho
Embraer
Empresa Brasileira de Aeronautica
Robert P. Loftus
Lorain & Cuyahoga Counties
Rockside Road
Independence
Ohio
Federal Trade Commission
House
Paul Misener
Amazon
Misener
Harriet Pearson
IBM
Michael Doyle
Doyle
D-Pa
Bluelight
MBN
Flanders
Avaltntte Indur Bakery
Coca-Cola
FeVar
Lay
Moonlight Madness
Kmart
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!