VARIOUS: BLUE-CHIP STOCKS SHOOT HIGHER ON MARKETS AS U.S. FEDERAL RESERVE BANK CUT INTEREST RATES

Record ID: 981655

  • Title: VARIOUS: BLUE-CHIP STOCKS SHOOT HIGHER ON MARKETS AS U.S. FEDERAL RESERVE BANK CUT INTEREST RATES
  • Date: 19th December 2000
  • Summary: NEW YORK, NEW YORK, UNITED STATES (DECEMBER 18, 2000) (NYSE) 1. HAS ZOOM IN CLOSING BELL ON THE NEW YORK STOCK EXCHANGE; MV UNIDENTIFIED OFFICIAL BANGS GAVEL; SLV ZOOM OUT PAN NEW YORK STOCK EXCHANGE (3 SHOTS) 0.40 WASHINGTON D.C., UNITED STATES (RECENT) (REUTERS) 2. SLV EXTERIOR FEDERAL RESERVE BUILDING; SCU 'FEDERAL RESERVE' CARVED IN STONE (2 SHOTS) 0.52 WASHINGTON D.C., UNITED STATES (DECEMBER 18, 2000) (POOL) 3. MV U.S. PRESIDENT-ELECT GEORGE W.BUSH AND FEDERAL RESERVE CHAIRMAN ALAN GREENSPAN ON PAVEMENT 1.08 NEW YORK, NEW YORK, UNITED STATES (RECENT) (REUTERS) 4. SCU CREDIT CARD TRANSACTION AT 'TOYS R US' STORE TILL 1.24 UNIDENTIFIED LOCATION (FILE) (HEWLETT PACKARD VNR) 5. SCU FACTORY MANUFACTURING IN PROGRESS (2 SHOTS) 1.36 PORT OF ELIZABETH, NEW JERSEY, UNITED STATES (FILE) (REUTERS) 6. SLV SHIPPING FREIGHTER MOORED IN DOCKS; CRANE MOVING CONTAINERS (2 SHOTS) 1.46 NEW YORK, NEW YORK, UNITED STATES (DECEMBER 18, 2000) (REUTERS) 7. (SOUNDBITE) (English) DICK RIPPE, CHIEF ECONOMIST AT PRUDENTIAL SECURITIES: "I think right now what the Fed does is very important. It's not going to turn the flow of earnings announcements on a dime, but what an easing action, or a step in the direction of an easing action, would do is give the markets hope that better economic news and better earnings news will be forthcoming, someway down the road." 2.08 NEW YORK, NEW YORK, UNITED STATES (DECEMBER 18, 2000) (NASDAQ) 8. SLV NADSAQ MARKETSITE IN TIMES SQUARE; MARKETSITE BOARD; SCU MICROSOFT SCREEN; FOUR SCREENS; SCU CISCO SCREEN PAN TO SUN MICROSYSTEMS SCREEN; ANOTHER SET OF FOUR SCREENS; CITIGROUP SCREEN PAN TO J.P. MORGAN SCREEN; SCU MARKETSITE BOARD (8 SHOTS) 3.09 Initials Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 2nd January 2001 12:00
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  • Location: NEW YORK, NEW YORK, WASHINGTON D.C. AND PORT OF ELIZABETH, NEW JERSEY; UNITED STATES AND UNIDENTIFIED LOCATION
  • City:
  • Country: USA
  • Reuters ID: LVA1LG3CFE0SKWOYUN31OZYWJRZT
  • Story Text:
  • Copyright Holder: REUTERS - SOURCE TO BE VERIFIED
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