re: oil climbs to $49.85 - weigh global supply thr Going...

  1. 329 Posts.
    re: oil climbs to $49.85 - weigh global supply thr
    Going Sick..

    The US has been trying to put a lid on this for the last couple of days now. Trying to stop the panic.


    Fresh euro high hurts sector

    By Greg Morcroft, CBS.MarketWatch.com - Last Update: 11:13 AM ET Nov. 23, 2004


    NEW YORK (CBS.MW) -- U.S. financial stock indexes moved lower late Tuesday morning as the euro's fresh high against the dollar kept currency-related anxiety at the forefront.

    Dollar bearishness continued as U.S. trading progressed Tuesday, pushing the euro-dollar to $1.31 for the first time since the common currency's 1999 launch.

    The Amex Securities Broker/Dealer Index ($XBD: news, chart, profile) shed 0.1 percent, while the Philadelphia Bank Sector Index ($BKX: news, chart, profile) slipped 0.3 percent.



    tp
 
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