|
|
|
Rising Yields and Falling Oil |
| |
Author: 123jump.com Staff
123jump.com
Last Update: 4:52 PM EST November 07 2005
For the last three sessions, rising yields on ten-year bond and falling price of crude has been the theme. Energy sector after rising for a week has begun to move lower. TXU Corp rose 7% on stock split and confirmed earnings guidance. Casino stocks advanced during the session as Singapore released financial terms for the casino project on the island. AFTER THE CLOSE: El Paso Energy reports wider loss. NetEase reports 8 cents, stock falls 15%. |
|
| |
|
|
