AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Strong Quarter Ends For Market
1 The Nasdaq ran up 21%, the S&P 500 15% and the Dow 12% for the quarter after the market bottomed on March 12. A variety of techs, biotechs, medical stocks and other sectors led the charge. Monday's action didn't dent the rally, as all of the major indexes fell less than 0.2%, though on higher volume. The top-ranked Internet-Content group leapt 3.2%. More on this page, B2
Chicago Factory Activity Rises
2The Chicago purchasers' index rose to 52.5 in June from 52.2, its 2nd straight month above the break-even 50 mark. That was basically in line with estimates. It's the latest in a series of regional reports showing manufacturing growth last month. But the New York-NAPM index fell to its lowest level in its 10-year history. The national ISM index is due out today. See Vital Signs on A2
Investors Get Options Plans Vote
3The SEC ordered U.S.-listed firms to start submitting many stock-based pay plans to shareholder votes. It OK'd proposals by the NYSE and Nasdaq. Executives have been able to get millions of dollars via stock-option plans without holder approval. Critics say that led to abuses like those seen at Enron, WorldCom and other firms.
U.S. Detains 180 Iraqis In Sweep