Word: bonds
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Dates: during 1990-1999
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Stocks and bonds fell sharply on Thursday as investors shied away from the markets, possibly because of fears of rising inflation and interest rates. The Commerce Department reported that the gross domestic product grew at a 4.1 percent rate in the second quarter. That was revised upward from a previous estimate of 3.8 percent growth and was much higher than analysts had expected. In addition, the Labor Department reported that there were 11,000 fewer new claims for state unemployment benefits last week -- another sign of growing business activity that could signal increased inflation. In response, the Dow Jones industrial...
Stocks and bonds rose modestly on Wednesday as investors took heart from signs that the economy is continuing to strengthen. The Commerce Department reported that orders for durable goods -- items expected to last at least three years -- notched up 6% in August. That was the biggest gain in two years for this key indicator of industrial health. In response, the Dow Jones Industrial Average climbed 15.14 points to 3878.18. Companies whose stocks registered large gains included Allied-Signal and Caterpillar, each up a point. The S&P 500 rose 2.76 to 464.81. NASDAQ stocks gained 4.64 to 760.01. And bond...
Reeves' proposal said the city's bond rating depended on "stability in the management team." The mayor also cited the upcoming October sale of $20 million in municipal bonds as an important consideration in extending Healy's term...
Sullivan cited the economic rejuvenation of Central Square and the city's upcoming bond sale. "Some continuity is required for that," he said...
Stocks rose and bonds fell as the Federal Reserve decided not to raise interest rates at a meeting of the Open Market Committee Tuesday. Many analysts had predicted the Fed would hike both the Federal Funds and Discount rates by a half point in order to nip inflationary pressures in the bud. But though the Fed did not act at its latest meeting, look for at least one further rate increase --the sixth this year -- at its next meeting Nov. 15, which is conveniently right after the midterm elections. Following the announcement that rates will stay...