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Voice of America, 99-12-31Voice of America: Selected Articles Directory - Previous Article - Next ArticleFrom: The Voice of America <gopher://gopher.voa.gov>CONTENTS
[01] N-Y ECON WRAP (S & L) BY BRECK ARDERY (NEW YORK)DATE=12/31/1999TYPE=CORRESPONDENT REPORT NUMBER=2-257666 CONTENT= VOICED AT: INTRO: Stock prices in the United States were up today (Friday) and the year ended with all major stock averages at record highs. V-O-A Correspondent Breck Ardery reports from New York. TEXT: The Dow Jones Industrial Average closed at 11- thousand-497, up 44 points. For the week, the Industrial Average gained 92 points. The Standard and Poor's 500 index closed Friday at 14-hundred-69, up four points. The NASDAQ index gained 32 points to close at four-thousand-68. It was a great year for the major U-S stock averages. The Dow Jones Industrials gained 25 percent. The Standard and Poor's 500 was up 19 percent. And the NASDAQ index gained a spectacular 85 percent - the result of investor enthusiasm for the socks of high technology companies. Most analysts are positive in their forecasts for 2000, although some say there could be a downward correction in the first quarter of the year. /// Rest Opt ////// GRASSO ACT ////// END ACT ///NEB/NY/BA/JP 31-Dec-1999 13:45 PM EDT (31-Dec-1999 1845 UTC) NNNN Source: Voice of America Voice of America: Selected Articles Directory - Previous Article - Next Article |