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Sun, Jan 06, 2002 - Page 10 News List

Stocks rise on hopes for recovery

US EQUITIES Investors began to let go of defensive positions, such as healthcare, and bought technology shares in anticipation of a rebound in the US economy

BLOOMBERG , NEW YORK

Citigroup, parent of the Salomon Smith Barney brokerage, gained US$0.95 to US$52.

Alcoa, the biggest US aluminum maker, rose US$1.16 to US$37.30.

Caterpillar Inc, the largest maker of earthmoving equipment, jumped US$1.53 to US$53.86. International Paper Co, the largest US paper producer, gained US$1.20 to US$41.90. DuPont Co rose US$1.07 to US$45.12, Dow Chemical Co jumped US$1.31 to US$36.75.

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