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...trade talks with Japan. More indications of a strengthening economy continued to pour in. The Commerce Department reported that Americans' personal income rose 0.4 percent, the seventh straight increase, while spending climbed 0.9 percent. That spending increase was the biggest since a 1.3 percent jump last February. The index of Chicago-area purchasing managers -- generally regarded as an early indicator of changes in business conditions -- notched up from 61.6 in August to 63.6 in September. (Any reading over 50 shows the economy is expanding.) On Wall Street, the Dow Jones industrial average fell 11.44 points, to 3843.19, as the stock...

Author: /time Magazine | Title: MARKETWATCH | 9/30/1994 | See Source »

...beat the Standard and Poor's 500 stock index by over 8 percent and the TUCS index of large institution funds by 6.7 percent...

Author: By Jonathan N. Axelrod, | Title: Harvard Earnings Above Average | 9/29/1994 | See Source »

During fiscal 1994 the Standard and Poor's 500, an index of domestic stocks, returned only 1.4 percent and the Salomon Broad Investment Grade Bond Index, an index of domestic bonds, declined 1.2 percent...

Author: By Jonathan N. Axelrod, | Title: HMC Returns Slow This Year | 9/27/1994 | See Source »

...Policy Portfolio indicates what the endowment would earn if Harvard invested its money according to a certain allocation guidelines. And since the endowment beat the index, HMC will call fiscal year 1994 a success...

Author: By Jonathan N. Axelrod, | Title: HMC Returns Slow This Year | 9/27/1994 | See Source »

...University's endowment also beat the three-year consumer price index inflation rate by 9.6 percent over the last three years

Author: By Jonathan N. Axelrod, | Title: HMC Returns Slow This Year | 9/27/1994 | See Source »

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