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B4 the Bell, Humpday Sept. 1, 2004


Guest yobob1

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From Rooters earlier this morning:

 

While factories hummed along at a slower pace in August, the housing boom showed no sign of abating, as interest rates remain low and consumers are still willing to spend.

 

A separate government report showed construction spending hit a record high in July, rising 0.4 percent, in line with expectations as low mortgage rates and short supply of homes fueled residential building.

 

All construction spending rose to a seasonally adjusted annual rate of $997.23 billion from an upwardly revised $992.90 billion pace in June.

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TODAY'S BULLISH HEADLINES:

 

US Brace for Hurricane Frances

Voice of America - 21 minutes ago

 

Israel Threatens Syria After Hamas Bombings

Reuters - 21 minutes ago

 

Hostage takers hold 132 children in southern Russian school

Xinhua - 47 minutes ago

 

Death toll in Moscow station blast up to 11

Independent Online - 1 hour ago

 

Japan threatens to retaliate in WTO trade dispute with US

Servihoo - 29 minutes ago

 

Ford Cuts Production as US Sales Slip

Reuters - 27 minutes ago

 

US CREDIT-Production cuts could hit Ford, GM spreads

Reuters - 17 hours ago

 

Wal-Mart, Kohl's May Post Smallest Sales Gains in 17 Months

Bloomberg - 12 hours ago

 

Consumer confidence plummets

Boston Globe, MA - 9 hours ago

 

'Iran on verge of resuming uranium enrichment'

The Hindu, India - 1 hour ago

 

12 hostages killed in Iraq, marking a first for militants

San Jose Mercury News (subscription), CA - 6 hours ago

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