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Investor's Business Daily

| September 05, 2002 | COPYRIGHT 2002 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

Congress To Vote On Iraq Policy

1Congressional leaders emerged from talks with President Bush saying they'll vote before the Nov. 5 election on a non-binding resolution on what to do about Iraq. Bush pledged to seek Congress' OK before taking action to oust Saddam Hussein. Bush will argue his case before the U.N. next week after a weekend Camp David meeting with Britain's Tony Blair. More on this page

Ford Lags Detroit's Hot August

2GM's Aug. sales rose 18%, paced by a 27% rise in trucks and a 8% rise in cars. Daimler's Chrysler scored a 24% rise, with cars up 25% and trucks up 23%. Ford's Aug. sales grew 12%, led by cars, up 15%, and trucks, up 10%. GM will offer 0% loans on some '03 cars; Chrysler too. Imports did well: Toyota's sales grew 13.2%, Nissan's 19.8% and Honda's 12.9%. More on this page

Markets Recover Some Losses

3 The Nasdaq rose 2.3%, putting a dent in Tuesday's 3.9% loss. The S&P 500 added 1.8% and the Dow 1.4%. Volume rose slightly across the board, but remained below average, continuing a six-week trend. Racked by reversals, a few breakouts made another attempt. Bonds remained resilient despite stocks' gains. More on B2

No '02 Rebound For IT Spending

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