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Market Update Analysis: 
Records in Dollar and Oil, Yahoo Falls
Author: 123jump.com Staff
123jump.com
Last Update: 5:41 PM EDT April 22 2008


U.S. stocks fell in the final hours of trading on rising oil and falling dollar. Crude oil jumped above $119 in the session on Nigerian oil supply disruption. The dollar fell agaist euro on talks of firm interest rates in Europ. The euro rose above $1.60 to a dollar. Gold rebounded to $925 per ounce. Yahoo after the market hours reported its quarterly net income jumped to 37 cents from 10 cents a year ago on Alibaba.com stake sale.

 

 

 

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