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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (56846)12/4/2001 3:25:54 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Wall Street Update
By Amy Baldwin
AP Business Writer
Monday, December 3, 2001, 6:00 p.m. EST

NEW YORK (AP) -- A mix of economic data Monday left stock investors puzzling over how long the economy will take to recover and prompted many to cash in recent profits.

The selling was minor compared with how strongly stocks have rallied for two months as Wall Street has grown more confident of an economic turnaround in 2002. However, analysts said the gains are still vulnerable amid negative or even varied economic news that indicates the recovery might be pushed deeper into next year.

financial.washingtonpost.com

Overseas, investors bid stocks lower Monday. Japan's Nikkei stock average finished down 3.1 percent. In Europe, France's CAC-40 fell 0.3 percent, Britain's FT-SE 100 declined 0.8 percent and Germany's DAX index finished down 0.03 percent.