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Voice of America, 00-06-21Voice of America: Selected Articles Directory - Previous Article - Next ArticleFrom: The Voice of America <gopher://gopher.voa.gov>CONTENTS
[01] NY ECON WRAP (S&L) BY ELAINE JOHANSON (NEW YORK)DATE=6/21/2000TYPE=CORRESPONDENT REPORT NUMBER=2-236632 CONTENT= VOICED AT: INTRO: U-S stock prices closed higher Wednesday, with the NASDAQ market almost back into positive territory for the year. VOA correspondent Elaine Johanson reports from New York: TEXT: The Dow Jones Industrial Average rose 62 points, less than one percent, to 10-thousand-497. The Standard and Poor's 500 index edged higher. The technology-weighted NASDAQ composite added one- and-one-quarter percent - just below the level at which it started the year. A big price-rise for Microsoft shares gave momentum to the market. Shares of the software giant traded eight percent higher, after a federal judge who ordered a breakup of the company delayed sanctions until the antitrust case is reviewed by the Supreme Court. Investors apparently were able to shrug off higher oil prices, which are part of the reason the central bank has raised interest rates. Trading volume picked up, as people found attractive buying opportunities. /// REST OPT ////// CHRISTIANSEN ACT ////// END ACT ///NNNN Source: Voice of America Voice of America: Selected Articles Directory - Previous Article - Next Article |