SITE SEARCH | NEWS | EARNINGS | CALENDARS | MUTUAL FUNDS
Sector Tables: Energy - Retail - Utilities - REIT - Banks - Brokerage - ETFs | Oil Data
Login | Subscribe to Ticker
Market Update Analysis: 
U.S. Stocks Struggle; Records in Oil and Gold
Author: 123jump.com Staff
123jump.com
Last Update: 5:13 PM EST March 03 2008


(Continued)

Email article | Print article

U.S. stocks recovered in the late afternoon after the markets in Europe closed lower. Resurgent oil, metal, and agriculture commodities lifted select stocks. In the morning, manufacturing index showed a decline in February. ATM Network operator Diebold rejected a hostile offer from United Technologies. Thornburg Mortgage plunged 53% after it failed to meet its margin call on reverse mortgage securities.

 
Wheat futures increased 60.90 cents in Chicago trading and closed at $11.46 per bushel. Sugar increased 40 cent to 15.02 cents per pound. Soybean future closed up 38.50 cents to $15.75 per bushel.

Dollar edged lower and traded at record lows against euro to $1.5206 and edged lower against yen to 103.41.
  1  2 More: Market Update Archive

 

 
About Us | Contact Us | Privacy Policy | Disclaimer

©1999-2008 123jump.com. All rights reserved