Dow sinks 160 points as inflation fears weigh market
The Dow Jones dropped 160.48 points to 6878.89 led by Philip Morris amid health-liability suit fears. Broader indices fell with the S P 500 down about 1.8 percent and the Nasdaq slipping despite a minor tech rebound. Bond yields rose as retail sales surprised on the high side, fueling rate-hike worries.
MENTIONED IN THIS ARTICLE
New York
Dow
Philip Morris
At&t
Standard & Poor
Michael Metz
Oppenheimer & Co
Commerce Department
Federal Reserve
Labor Department
Treasury
American Stock Exchange
Oracle
Cisco Systems
Insurance group seeks Blue Cross takeover in Ohio
Ohio Department of Insurance seeks court permission to place Blue Cross and Blue Shield of Ohio under rehabilitation, granting state control over all company actions. Blue Cross chairman John Barry Jr. filed suit against the department over merger rejection with Columbia/HCA and disputed the price as too low.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio Department of Insurance
Blue Cross
Blue Shield
Ohio
Akron Beacon Journal
Franklin County
Terri Leist
Columbia
Barry
Department of Insurance
Insurance Department
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Metz
New York Stock Exchange
RJR Nabisco
Mississippi
Supreme Court
Insurance Group
British Petroleum
Milne Point Central
Alaska
BP Exploration (Alaska) Inc
Chevron USA Inc
Arctic National Wildlife Refuge
Clinton
Iero
IBM New York
NYSE
Kmart
MrTouch
Monsan
Elle Nike
Ove Omar
Crewon
Maeve
Earty Quotaton
Akin Investment Secures
Aegon USA
Setundas, Inc
NASD
SIPC
Allied Conporation
American Greetings
Cedar Fair
Bob Evans Farm
Bbi
CoBancom Inc
Columbia Gas Emerson
Englehard
FirstMerit
Ford
General Motors
Guest Supply Hills Dept
Invacare
Sava Leaf
LNB Bancorp
LTV
Lesco Inc
Mic-Am Inc
Se Northam Savings
Ohio Edison
P.N.C
Parker Hannifin
RPM. Inc
Ws Royal Appliance Sherwin Willains Smuckers
SJMA
Steris
Sunrise Medical
T.aw. AY
York International
Premier
Premier Bank & Trust
Premier Bank Aeres
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