by IslandCrow » Thu 23 Feb 2006, 11:33:04
$this->bbcode_second_pass_quote('LadyRuby', 'D')own 72 points after only 38 minutes of trading...? I wonder?
Usually it doesn't continue this kind of thing. By the end of the day it will only be down 20 points.
The BBC comment on the opening of trade:
$this->bbcode_second_pass_quote('', '(')Open): US stocks lost ground in early trading on Thursday as escalating violence in Iraq raised fears of higher oil prices in the near future.
The Dow Jones index opened trading down 58.34 points at 11,078.83 while the Nasdaq fell 9.83 to 2,273.34.
Figures released later on Thursday are expected to show a rise in US crude stocks but militia violence in oil-rich Nigeria has also made investors jumpy. Fannie Mae rose 2.8% to $57.49 after reporting a clean bill of health.