4:20 pm : Stocks closed at their best levels of the day as equity investors rallied around the possibility that a jobs shortfall may prompt the Fed to end nearly two years of rate hikes sooner than anticipated. Blue chips led the charge as the Dow Industrials surged 1.2% to within 145 points from an all-time closing high of 11,722.98 reached on January 14, 2000; 29 of 30 components closed higher. All ten economic sectors closed in positive territory as the day's broad-based rally also helped lift the S&P 400 MidCap Index and Russell 2000 Small Cap Index to historic
The Bright Side Wins It's not cockeyed to be an optimist. In fact, looking on the bright side can help keep you feeling strong and steady.
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General Health Tip
Fiber Up! Want to boost your fiber, but your favorite breakfast cereal doesn't make the grade? If the total fiber per serving is less than 3 grams (check the Nutrition Facts panel), mix your favorite half-and-half with a higher-fiber choice such as bran flakes or shredded wheat.
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NATALEE'S UNCLE SAYS 'RE-ARREST DEEPAK!'
Natalee Holloway's uncle is demanding that suspect Deepak Kalpoe be re-arrested in the 10-month-old mystery of the pretty blonde honor student who disappeared in Aruba. Deepak, his brother Satish and Joran van der Sloot were with the Alabama teen, pictured center, when she was last seen leaving a bar on the island in the early hours of May 30. Her uncle Paul Reynolds told The National Enquirer that he believes Deepak, 21, should be the chief suspect instead of van der Sloot, 18. Reynolds also... STAR JONES CHEATS DEATH AS SHE UNDERGOES PLASTIC SURGERY A WILD NIGHT OUT FOR JESSE & HIS PARTY PAL LINDSAY
Star Magazine
KATIE HOLMES: FEARING FOR HER TOMKITTEN
Katie Holmes was already worried about the upcoming birth of her baby. According to the tenets of 43-year-old fiancé Tom Cruise's religion, Scientology, she'll have to be silent (not even a moan!) during the delivery, lest the trauma be imprinted in her baby's brain. Plus, a source says, "Only Tom and a few Scientology supporters will be in the room — not Katie's mother!" And Scientology advocates separating the baby from its mother for at least the first 24 hours after birth. Now... IT'S OVER! KRISTIN CHEATS ON NICK WITH HER EX! ANGELINA PILOTING HER PLANE AT 7 1/2 MONTHS: IS SHE CRAZY?
Goss Leaves CIA; General Eyed for Job Gen. Michael V. Hayden, the Principal Deputy Director of National Intelligence, gestures during an address at the National Press Club in Washington, in this Monday, Jan. 23, 2006 file photo. According to a senior administration official, Hayden is the leading candidate to replace CIA Director Porter Goss, who resigned Friday, May 5, 2006. An announcement could come as early as Monday, May 8. (AP Photo/Lauren Victoria Burke)
2:01 pm PT Market Wrap : Stocks closed at their best levels of the day as equity investors rallied around the possibility that a jobs shortfall may prompt the Fed to end nearly two years of rate hikes sooner than anticipated.
1:02 pm PT 21st Century Holding statement by CEO, Edward Lawson (TCHC) 18.15 +.06 : Co announces C.E.O., President and Chairman, Edward Lawson, confirmed today that he and his wife, Michele Lawson, have recently sold, as reported to the SEC, 100,000 shares of the co's common stock and purchased 18,000 shares of the co's common stock through the exercise of stock options.
1:02 pm PT Wheeling-Pittsburgh and Companhia Siderurgica Nacional form strategic alliance (WPSC) 23.09 +0.09 : Co�and Companhia Siderurgica Nacional (SID),�a Brazilian steelmaker,�jointly announced that they are in discussions concerning a strategic alliance in North America that could involve a minority investment in WPSC, a long term slab supply arrangement and other strategic considerations.