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Reply #22: even better at 11:03 and some blather [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-11-04 10:05 AM
Response to Reply #21
22. even better at 11:03 and some blather
Dow 9,914.13 -30.54 (-0.31%)
Nasdaq 1,777.32 -31.38 (-1.73%)
S&P 500 1,073.80 -5.24 (-0.49%)
10-Yr Bond 4.284% -0.003


11:00AM: Oil prices are lower today...weekly inventory data were lower than expected, and created a pop up in oil prices that hurt stocks...but then, there were reports that the Saudis would increase production if necessary, and prices dropped back, giving a boost to stocks...currently, the September crude oil futures contract is at $44.10 - 0.42...Cisco took over as a market influence for a while, but oil remains as a critical factor...NYSE Adv/Dec 676/2308, Nasdaq Adv/Dec 507/2225

signing off for a while - enjoy the ride!
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