2.22.2005

Too bad my Social Security money wasn't riding the market today!

Stocks slammed by oil spike, weak dollar

NEW YORK - A nearly 6 percent spike in crude oil prices sent stocks plunging Tuesday, as investors already concerned about rising prices and inflation envisioned a repeat of last summer’s selloff on Wall Street. The Dow Jones industrial average dropped 174 points, its biggest point drop since mid-2003.

0 Comments:

Post a Comment

<< Home