Wednesday, February 16, 2011

forex capital management


Stock prices slip after economic data released

Brokers also noted that stocks on Friday had to contend with rising oil prices in the commodity markets. Crude oil for October delivery climbed 69 cents a barrel to $31.76 on the New York Mercantile Exchange amid resurgent worries about the Persian Gulf crisis. Losers among the blue-chip industrials included General Motors, down 3/4 at 37 1/2; General Electric, down 7/8 at 59 1/2; Digital Equipment, down 2 7/8 at 56 3/8, and International Business Machines, down 5/8 at 104 3/8. Bank stocks, which had a rocky weak amid persistent credit-crunch worries, turned in a mixed showing. Chemical Banking fell 5/8 to 20 1/4, and Citicorp slipped 1/8 to 17 1/4, while J.P. Morgan rose 1/2 to 32 5/8 and BankAmerica was unchanged at 21 3/4.
forex capital management


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