Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (484026)	10/30/2003 2:27:38 PM
From: jlallen	Respond to of 769670

Yep. Too damn liberal out there. It'll continue until you have a major shift in your local and state governments.....

To: Kenneth E. Phillipps who wrote (484026)	10/30/2003 2:40:33 PM
From: greenspirit	Respond to of 769670

Don't worry Ken, you've got a big liberal Democrat Governor and Democrat state house to solve everything. LOL

To: Kenneth E. Phillipps who wrote (484026)	10/30/2003 2:41:13 PM
From: Neeka	Read Replies (1) \| Respond to of 769670

Thank the dems for that Kenneth. They've certainly been in charge in our area for going on forever. Remind you of anything? M

To: Kenneth E. Phillipps who wrote (484026)	10/30/2003 2:46:47 PM
From: JakeStraw	Read Replies (1) \| Respond to of 769670

Looks like the stock market will close higher for the 4th day in a row!

To: Kenneth E. Phillipps who wrote (484026)	10/30/2003 2:53:59 PM
From: Hope Praytochange	Read Replies (1) \| Respond to of 769670

Dow Up 35, Nasdaq Gains 7 on GDP Report By THE ASSOCIATED PRESS Filed at 2:21 p.m. ET NEW YORK (AP) -- Wall Street moved moderately higher Thursday as investors applauded a surprisingly strong third-quarter gross domestic product but nonetheless worried that the increase could not be maintained. Analysts said the GDP report did not have more of a market impact because it reflected past economic performance, and investors were not certain future growth would be as robust. ``The sustainability is the biggest question,'' said Brian G. Belski, fundamental market strategist at US Bancorp Piper Jaffray. ``The question is what is the current GDP and what will the growth be over the next three quarters?'' By midafternoon, the Dow Jones industrial average was up 34.59, or 0.4 percent, at 9,809.12, following a three-day gain of 192 points. The broader market was also higher. The Nasdaq composite index gained 7.36, or 0.4 percent, to 1,943.92. The Standard & Poor's 500 index rose 0.75, or 0.1 percent, to 1,048.86. The Commerce Department reported Thursday that the nation's gross domestic product grew at a 7.2 percent annual rate in the third quarter. It was the strongest pace since the first quarter of 1984; it also beat analysts' estimates for a 6 percent growth rate. Meanwhile, the Labor Department reported that new jobless claims last week declined by 5,000 to 386,000, signaling a slowdown in layoffs. ``Certainly the GDP number was good and the market celebrated that,'' said Barry Berman, head trader for Robert W. Baird & Co. in Milwaukee. ``But no one expects this number to continue at this rate, and they do expect the numbers'' to be eventually revised lower, he said. Stocks have climbed since mid-March on investor expectations of a strong economic rebound. While gains have been more modest in recent weeks, analysts say investors are still looking for reasons to buy despite some concerns that stock prices might be too high. Martha Stewart Living Omnimedia Inc. rose 22 cents to $10.21 after the multimedia company reported a quarterly loss that was narrower than analysts' predictions. Akamai Technologies Inc. jumped $1.97, or 33.1 percent, to $7.93 after the provider of Internet speedup services posted a quarterly loss that was smaller than analysts' predictions. Losers included Exxon Mobil Corp., which fell $1.31 to $36.50, after the oil company reported third-quarter earnings that missed analysts' estimates. Aetna Inc. declined $2.79 to $56 after the insurance giant posted quarterly profits that came in higher than Wall Street's projections. Advancing issues outnumbered decliners 5 to 4 on the New York Stock Exchange. Volume came to 1.04 billion shares, compared with 958.86 million traded at the same point Wednesday. The Russell 2000 index, a barometer of smaller company stocks, rose 1.47, or 0.3 percent, to 533.28. Overseas, Japan's Nikkei stock average finished 0.4 percent lower. In Europe, France's CAC-40 rose 0.6 percent, Britain's FTSE 100 gained 0.8 percent and Germany's DAX index was up 1.2 percent. ------ On the Net: New York Stock Exchange: nyse.com Nasdaq Stock Market: nasdaq.com