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Business Bytes AT&T announces plans to slash its workforce; on Wall Street, though, all eyes were on the Prez. Dow down 63. The wrap-up in FORTUNE Business Report. Get the numbers by index or stock-by-stock
Business Bytes A dismal earnings report from Big Blue took the Dow into a 130 point drop by late afternoon. A late rally meant the market closed off 79 points. Check it out in the FORTUNE Business Report. Get the numbers by index or stock-by-stock
Business Bytes Looking for still yet another way to invest in the Dow? The American Stock Exchange is launching today an instrument that mirrors the performance of the bell-weather index of 30 blue chips. Details in Money Daily. Get the numbers by index or stock-by-stock
...Standard & Poor's 500, including dividends, rose 33.4% last year, 23.1% the year before and 37.4% the year before that, according to research firm Ibbotson Associates. This is the first time that the index has risen more than 20% in three successive years, and is the best three-year run ever. The index rose in each of the past seven years--not a first, but rare. And in that seven years it dipped as much as 10% only once, a record. The amazing run has prompted millions to stake their retirement on the bull market and by now has convinced...
Business Bytes Count your winnings (or losses) and review Friday's action at the FORTUNE Business Report. Get the numbers by index or stock-by-stock