& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

Wall Street rebounds as Fed sees fall in economic growth
NEW YORK. July 21: Wall street rebounded yesterday on reassuring comments from federal Reserve Chaffman Alan Greenspan and strong corporate earnings, "reports AFP.
The tech-heavy Nasdaq climbed 128.93 points, or 3.18 per cent, to close at 4.184.56. and the Dow Jones Industrial Average rose 147.79 points, or 1.38 per cent, to 10.843.87.
After two sessions where shares ended lower. Including Wednesday s 2.91 per cent drop on the Nasdaq. Wall Street was ready for a rally, analysts said.
The Standard and Poor's 500 was up 13.61 points, or 0.92 per cent, to 1.495.57 points
Trading was heavy with 1.06 bilhon shares changing hands, with advances beating declines 1.698 against 1.138 and 513 shares unchanged. On the Nasdaq. close to 1.71 billion shares were traded.
On the bond market, the yield for the 10-vear Treasury bond fell to 6.613 per cent against 6.150 per cent late Wednesday and for the 30-year bond to 5.814 per cent against 5 913. Bond yield and prices
move in opposite direc tions.
Greenspan, in his semi-annual address before the US Senate.. said US economic growth was codling 'down, adding that ’consumer demand was becoming more closely aligned with the economy’s capacity to produce.
He said Federal Reserve analysts see the US economy growing at a rate of four to 4.5 per cent this year, down from the 5 5 per cent recorded in the first quarter.
Greenspan cautioned, however. that the country’s “ever tightening labour market" could exert upward pressure on wages and ultimately prices as employers pay more to retain workers.
Even with the cautionary note, traders took the news as a sign that additional interest rate hikes by the Federal Reserve could be averted as inflationary pressure seems to be easing.
In our opinion, the Fed has successfully engineered a soft landing and no more tightening will be necessary." said Bruce Steinberg, chief economist for Merrill Lynch.
Besides Greenspan's remarks. a plethora of economic statistics and corporate earnings also concribuud to the strongAYall Street performance.
Among very active shares. IBM was responsible for half of the gains on the Dow. with Its stock up 13-1 /2 to 117 following the release of its earning report Wednesday.
Companies benefiting from their quarterly results included Raytheon, up two to 22-7/16. Oita Air Lines, gaining 1/4 to 53-7 8. Lockheed Martin rising 1-3 8 to 26-3/4 and et Colgate-Palmolive up 13/16 to 55-3/8.
SBC Communications, however. fell 9/16 to 43-1/8. after publishing a net profit only slightly above expectations.
Lucent seemed to suffer the same consequences after announcing results that slightly beat expectations for the third quarter results. The firm finished 16 per cent lower, losing 10-5/ 16 to 54-1 /8 dollars.
Analysts expect the stock market to get a boost Friday from the publication of higher than anticipated results by both America On-line and Sun Microsystems.