Author: 123jump.com Staff
123jump.com
Last Update: 4:24 PM EDT August 25 2006

Market averages meandered during the day as traders found no direction for interest rate in the Chairman Bernanke speech. Rise in oil also kept stock market in check. Two developing storms in the Gulf and Caribbean regions kept oil traders on the edge. H&R Block fell 9%. Ford Motor is reported to be in talks to sell its luxury division. Robert Rubin resigned from the Ford board citing potential conflict of interest.