22 January 2001, 09:45 US Stocks
Weak results and lackluster outlooks from the first wave of the
earnings season have not hurt share prices, as hopes instead build that
the U.S. economy will begin to turn up in the third quarter. The Dow
industrials Friday closed down 90.69, 0.85%, at 10,587.59. The Nasdaq
composite rose 1.89, to 2,770.38. The S&P 500 slipped 5.43%, 0.40%, to
1,342.54.
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