Wholesale price report relieves US investors

Investors welcomed a lower-than-expected drop in wholesale prices and sent stocks higher today, ending a troubled week on Wall Street on a positive note.

Wholesale price report relieves US investors
Fri, 14 Jan, 2005 - 21:57

Investors welcomed a lower-than-expected drop in wholesale prices and sent stocks higher today, ending a troubled week on Wall Street on a positive note.

The major indexes nonetheless suffered a loss for the second straight week.

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CourtsBusinessHeathrowPlace: USPlace: NortheastPerson: John LynchPerson: Jay SuskindPerson: New York Attorney General Eliot SpitzerPerson: SpitzerOrganisation: Wall StreetOrganisation: Federal ReserveOrganisation: New York Mercantile ExchangeOrganisation: Evergreen InvestmentsOrganisation: NasdaqOrganisation: Intel Corp.Organisation: Apple Computer Inc.Organisation: Ryan Beck & Co.Organisation: FedOrganisation: Marsh & McLennan Cos. Inc.Organisation: MarshOrganisation: McLennanOrganisation: US Food and Drug AdministrationOrganisation: Merck & Co.Organisation: Johnson & JohnsonOrganisation: MerckOrganisation: Sun Microsystems Inc.Organisation: SunOrganisation: General Motors Corp.Organisation: Deutsche BankOrganisation: Credit Suisse First BostonOrganisation: GMOrganisation: Boeing Co.Organisation: Boeing
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