AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Broad Rally Fades, But Nasdaq Hangs On.(A)

Investor's Business Daily

| March 03, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: CHRIS GESSEL

The Nasdaq led a reluctant stock market for the second session in a row on Friday as Iraq, the U.N. and the U.S. jockeyed for position.

The market started strongly, bolstered by better-than-expected readings on economic growth, Midwest manufacturing and consumer confidence.

The tech-heavy Nasdaq climbed as much as 1.4% in the morning. The benchmark S&P 500 wasn't far behind with nearly a 1.2% gain.

Those moves weren't overwhelming. But a handful of top-rated stocks flexed some intriguing strength, something growth investors haven't seen for weeks.

Yahoo cleared a seven-week consolidation on its way to hitting a 52-week high. The Internet portal popped up 0.77 to 20.85. Volume was only 29% above average.

Trading rolled in 62% above normal for Coach as the upscale handbag maker climbed out of a base-on-base formation. The stock gained 1.24 to 35.73. Last week Coach boosted profit guidance for the quarter that ends March 29.

Related articles from newspapers, magazines, journals, and more
ARABS-UN - Jan. 6 - Iraqi President Accuses Council Of Breaking Promise.(Saddam...
Newspaper article from: APS Diplomat Recorder January 8, 2000 700+ words
...army, Pres. Saddam Hussein accuses the UN Security Council of breaking its...be lifted by a Security Council resolution but...mentioned. (Saddam Hussein has used such...sanctions in Security Council meetings...
IRAQ: HUSSEIN SENDS MESSAGE TO NATIONAL ASSEMBLY.(Iraqi President Saddam...
Newspaper article from: IPR Strategic Business Information Database December 2, 2002 700+ words
Iraqi President Saddam Hussein sent a letter to...decision to accept UN Security Council Resolution 1441...He attacked the Security Council for its decision...the cloak of the Security Council, which has violated...
Paris's former ambassador to the U.N., Jean-Bernard Merimee--who sat on the...
Magazine article from: National Review November 7, 2005 700+ words
...Jean-Bernard Merimee--who sat on the Security Council in the course of his duties--has been detained...on suspicion of having received vouchers from Saddam Hussein for 11 million barrels of oil between December...
Saddam Hussein Denies Al Qaeda Link.
Newspaper article from: Knight Ridder/Tribune Business News February 5, 2003 700+ words
...presentation to the UN Security Council, Iraqi leader Saddam Hussein gave an extraordinary...to oppose a second UN Security Council resolution authorizing...all of whom have Security Council veto power -- oppose...
Containing Saddam Hussein
Newspaper article from: The Washington Post January 21, 1995 700+ words
...coalition's victory in Desert Storm, a split Security Council is still voting to keep Saddam Hussein's Iraq from exporting oil. But discomfort...with the available favors. He rejects the Security Council's offer to sell oil to finance essential...
IRAQ - Jan. 3 - Bush Resumes Hardline Stance.(George W. Bush threatens Saddam...
Newspaper article from: APS Diplomat Recorder January 4, 2003 700+ words
...Pres. Bush accuses Saddam Hussein of showing "contempt...Nations and the UN security council and its resolutions in contempt. Saddam Hussein was given a path to...disarm voluntarily. Saddam Hussein, hopefully he realises...
Saddam Hussein's Latest Actions Hurt Lifting Sanctions
Transcript from: NPR All Things Considered October 10, 1994 700+ words
...sanctions against Iraq if Saddam Hussein complied with the...over the things that Saddam Hussein would have to do...friendships on the Security Council? Would some countries be willing to give Saddam Hussein the benefit of the...
Bush urges U.N. to take action in disarming Saddam Hussein.(The Dallas Morning...
Newspaper article from: Knight Ridder/Tribune News Service Hillman, G. Robert February 7, 2003 700+ words
...decisively to disarm Saddam Hussein. "The U.N. Security Council's got to make...report to the Security Council by the chief...We can disarm Saddam Hussein without going...for the U.N. Security Council," Bush told...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA