Published: Thursday, April 1, 2004 at 6:01 a.m.
Last Modified: Wednesday, March 31, 2004 at 10:59 p.m.
Wall Street ends session, quarter lower
The Dow Jones industrials and the Nasdaq composite index ended the quarter of 2004 with losses, while the Standard & Poor's 500 index posted a modest gain.
The Dow closed down 24.00, or 0.2 percent, at 10,357.70, after adding 222 points in the previous two sessions. The Nasdaq declined 6.41, or 0.3 percent, to 1,994.22. The S&P 500 lost 0.79, or 0.1 percent, to finish at 1,126.21.
Factory orders rebound slightly in February
The Commerce Department reported Wednesday that orders placed with factories increased by a modest 0.3 percent last month, compared with a drop of 0.9 percent in January. Although February's rebound wasn't as strong as the 1.5 percent increase economists were forecasting, it was still encouraging that factory orders managed to recover some ground last month.
Tyco jurors ask judge for clarifications
Three counts of grand larceny, the top counts against former chief executive L. Dennis Kozlowski and former chief financial officer Mark Swartz, were the subject of the jury's focus on the 10th day of deliberations. State Supreme Court Justice Michael Obus explained that one "aggregate count" covers the entire alleged $38.5 million theft in that charge. He said two additional counts refer to the individual amounts allegedly stolen by Kozlowski and Swartz, each with the other's help.
Electronics retailers report strong quarter
Software makers say rules may be needed
The companies, including Microsoft Corp. and Computer Associates International Inc., said the Homeland Security Department "should examine whether tailored government action is necessary" to compel improvements in the design of computer software.
- Compiled from The Associated Press
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