Word: dow
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...wheat and soy is almost ready to go into mass production. Polyactide - or PLA in plastic-speak - is the result of a heated race among chemical and bioengineering companies throughout the past decade to reap the environmental cachet that would come with the first "all natural" plastic. This week, Dow Cargill Polymer, a combined effort of Dow Chemical and Cargill Inc., prompted sighs in the Monsanto and DuPont boardrooms when it announced that it would be the first to bring PLA to your local grocery by sometime next year...
...make fiscal policy free of any concern that his job may be on the line, and that may mean an interest rate hike designed to slow the economy and head off inflation when the Fed next meets. Fear of a tightening bias sent stock prices plummeting Tuesday, with the Dow losing 359.58 points and NASDAQ suffering a record single-day loss of 229.46 points. Wall Street's pain was shared on Asian and European markets Wednesday, and markets may remain somewhat jittery over the next four weeks ahead of the Fed's February 1 meeting...
...have seen the future of the American economy, and its name is NASDAQ. The tech-heavy stock index continued its surge into record territory Thursday morning, after Wednesday's historic breaking of the 4,000 barrier. And while the good new continued for the Dow and the S&P 500, both of which surged in the last trading session before Y2K, neither has been able to match the NASDAQ comebaq. That index's outperforming of both the Dow and the S&P may make 1999 the year tech stocks finally silenced their naysayers. "The NASDAQ represents the vanguard...
...that there'll be a reduction in capital expenditure on technology once the Y2K problem has passed - companies are more likely to maintain that investment in order to stay ahead. There may be a shakeout in the NASDAQ in the coming months, but it will probably still outperform the DOW and S&P again next year, and in the foreseeable future...
...Dow continues to rise and unemployment figures fall to record lows, a tight labor market challenges retail store managers who need extra staff to maximize profits from holiday shoppers...