In This Issue:

Sector Performance Roundup: Within the S&P 500, eight of the 10 sectors advanced.

Intelligencer: Headlines, Highlights, and What's on Our Minds

The Observatory: Selected actions for December 13 through December 20.

Stars Align for Renewable Energy: Around the world, investment in renewable energy projects is skyrocketing.

RENEWABLE ENERGY TIES (Chart)

High-Quality Capital Appreciation Portfolio

Top Ten Portfolio: This focused list, launched December 31, 2001, posted a total return of 81.9% from inception through December 19 vs. a gain of 40.9% for the S&P 500.

Some of the Companies Featured:
Coca-Cola
Continental Airlines
EMC
Estee Lauder
International Business Machines
Loews Corp.-Carolina Group
Nike
United Technologies

S&P Information Products

Browse S&P industry research products by category:

S&P Industry Surveys
S&P Industry Stock Reports
The Outlook
Search Engine Survey
Pocket Guides
Power Picks

About Standard & Poor's

Standard & Poor's is one of the world's preeminent providers of credit ratings, and for such globally recognized financial-market indices as the S&P 500®. S&P also provides a wide range of other products and services designed to help individuals and institutions around the world make better-informed financial decisions with greater confidence.