Sunday, August 1, 2004
Issue Contents:
| 16:29 | Stock Scanner Results Friday July 30 closing data. |
| 18:05 | Threat Level Orange Finance sector, Washington on alert. |
Friday July 30 closing data.
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Data May Spell Relief, Threats Loom
NEW YORK (Reuters) – Wall Street may react nervously this week to government warnings that al Qaeda is targeting the New York Stock Exchange and other financial institutions for attack, possibly overshadowing key jobs data. Signs that the economic recovery grew a bit sluggish this summer have weighed on investor sentiment the past month, helping send major market gauges back toward their lowest levels of the year.
The U.S. government’s move to raise the security alert level to “high,” or code orange, for some prominent financial buildings on Sunday may unsettle investors further.
The NYSE and Citigroup Inc. (C.N: Quote, Profile, Research) buildings in New York may be targets, Homeland Security Secretary Tom Ridge told a news conference on Sunday, along with the World Bank and the International Monetary Fund in Washington.
Washington Put on `Orange’ Terror Alert, Homeland’s Ridge Says
WASHINGTON Aug. 1 (Bloomberg)—The Department of Homeland Security it is raising the terrorism risk status for the financial services sectors in New York, Washington and northern New Jersey, Secretary Tom Ridge said.
``We do have new and unusually specific information about where al-Qaeda would like to attack,’’ Ridge said at a news conference in Washington.
He said the al-Qaeda terrorist organization was targeting the International Monetary Fund and the World Bank in Washington, Citigroup Inc. and the New York Stock Exchange in New York, and Prudential Financial in northern New Jersey.