THURSDAY CLOSING STOCK QUOTES
Dominion Res.__ 70.50
Intern. Paper__ 49.35
Int. Business__ 184.16
JP Morgan__ 57.57
PNC Financial__ 79.99
Huntington Bshrs.__ 8.93
Wayne Savings__ 11.00
National Bshrs.__ 21.10
26 HOGS -- 220-250 lbs. 66-74; 250-280 lbs. 63-80; boars 16; 7 FEEDER PIGS -- 80-100 lbs. 67.50-70.
30 FAT CATTLE -- Good steers 129-140; choice Holstein steers 112- 120; good Holstein steers 103-112; 9 BULLS -- Jersey 90; 1,000- 1,500 lbs. 85.50-107; 1,500-2,000 lbs. 98.50-105.50; 2,000 lbs.-up 100.50.
105 COWS -- Good 82-94.50; medium-good 75-82; fair-medium 68-75; light-thin 68-down; 56 FEEDERS -- Steers & heifers 70-182.50.
78 DAIRY -- Cows 2,300-down; bred heifers 1,625-down.
164 CALVES -- 95-120 lbs. 160-205; good 100-160; common 50-100; back to farm Holstein heifers 95-120 lbs. 130-180; crossbred bulls 50-190; Jersey/crossbred heifers 100-230.
197 GOATS -- Kid 150-down; billies 205-down; nannies 197.50- down; wethers 230-down.
624 HEAD SHEEP -- Bucks and ewes 55-80; choice lambs 40-60 lbs. 250-310; 40-60 lbs. 195-250; choice lambs 60-80 lbs. 175-200; 80- 100 lbs. 160-220; 100-130 lbs. 162.50-200; 130 lbs.-up 152.50-170.
TOTAL HEAD -- 1,296.
143 LOADS -- Alfalfa, 2nd cutting 190-370; alfalfa, 3rd and 4th cutting 150-410; mixed 1st cutting 95-270; mixed 2nd cutting 110- 400; lg. bales hay 20-70 bale; lg bales hay 70-210 ton; wheat straw 170-240; lg. straw bales 155 ton; ear corn 120; firewood 70-135; oats 16.50.
The stock market got a boost from a couple of encouraging signs that the economy could pick up after a winter slump. That wiped out a drop from the day before triggering by some unnerving news from the Federal Reserve.
Manufacturing in the U.S. expanded at the fastest pace in almost four years in February, according to a private survey by Markit. In a separate report, the Conference Board said that its index of leading indicators posted a moderate gain in January, suggesting that the economy will continue to expand in the first half of the year.
"Today's market is reflecting the fact that the economy has gone through the doldrums due to the weather and we should now see a substantial pickup," said
The Standard & Poor's 500 index rose 11.03 points, or 0.6 percent, to 1,839.78. The Dow Jones industrial average gained 92.67 points, or 0.6 percent, to 16,133.23. The Dow fell 89 points Wednesday after minutes from the Fed's latest meeting showed that a few policymakers raised the possibility that an increase in interest rates should come "relatively soon."
The Nasdaq composite climbed 29.59 points, or 0.7 percent, to 4,267.55.
The stock market is now close to erasing all of its losses after a volatile start to the year. Concerns about slowing growth in
Among individual stocks,
Stocks moved between small gains and losses in the first hour of trading as investors weighed the data from the U.S. against a survey that showed manufacturing in
Data showing weakness in
After a surge of almost 30 percent in the S&P 500 in 2013, the market has become more volatile this year. Given those strong gains, the market will struggle to climb much further this year, said
"While we may see continued economic growth, I don't think that it's powerful enough to justify that there would really be much upward possibility for equity prices," said Karsten.
Among the day's losers were
In government bond trading, the yield on the 10-year note rose to 2.75 percent from 2.74 percent on Wednesday. The price of oil fell