Market Performances:
BKX 69.62 after breaking 75 S, targeting Oct 2002 low 63 +/-
6/6/2008 CIT
Oil Prices Jump Nearly $11, Settle at Record $138.54
Market Commentary
Dow plunges 395 as crude tops $139
Crude has its biggest one-day gain ever, and the Dow's loss is its worst in 15 months, pushing the index down about 3.4% for the week. Financial stocks are hit the hardest. The Labor Department says the economy lost 49,000 jobs in May; unemployment spikes to 5.5%.
No comments:
Post a Comment