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Transcript: NYSE Update, CNNfn
- Article from:
- Street Sweep (CNNfn)
- Article date:
- August 5, 2002
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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JAN HOPKINS, CNNfn ANCHOR, STREET SWEEP: Let`s go straight to the
markets.
Allan Chernoff has been following trading for us.
Allan.
ALLAN CHERNOFF, CNNFN CORRESPONDENT: Jan, thank you very much. And
the big mode today is to the downside. Of course, MO we`ll get to
in just a moment.
The tobacco stock of Philip Morris <Company: Philip Morris Companies
Inc.; Ticker: MO; URL: http://www.philipmorris.com/> is one of the
few bucking the trend. But the trend very much lower and as you
can see, it has been a slipper slope for the Dow Jones industrial
average. It had been pretty stable earlier in the morning, but
now you see down 2.6 percent at the low of the ...