1.  Bonds of paper, chemical and other cyclical companies were hurt worse than other bonds, said Martin Fridson, head of high-yield research at Merrill Lynch.

2.  A number of cyclical companies that might benefit from a stimulus to the economy such as an interest-rate cut were up for the day.

3.  But not all so-called cyclical companies are going to suffer if the economy takes a turn for the worst.

4.  Canadian stocks soared to record highs for a second session, boosted by higher gold prices and expectations that lower interest rates will lift profits of cyclical companies.

5.  Chipmaking equipment stocks also got a lift from the notion that a strong economy will help so-called cyclical companies, analysts said.

6.  Cyclical companies benefit from economic expansions simply because companies use more paper for packaging, chemicals for plastics and steel for cars when consumers have more to spend.

7.  Cyclical companies such as chemical producers and automakers generally see earnings rise and fall with the health of the economy.

8.  Cyclical companies whose earnings rise and fall with the global economy ended the day with the biggest losses.

9.  Cyclical companies, which are closely tied to the economy, benefit from signs of economic growth.

10.  Deere and Alcoa are consider cyclical companies, or ones whose fortunes are tied to the health of the economy.