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Stocks Slide on Soaring U.S. Trade Deficit

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Stocks Slide on Soaring U.S. Trade Deficit

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Old 04-12-05, 11:01 AM
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kf5nd
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Stocks Slide on Soaring U.S. Trade Deficit

45 minutes ago Business - AP


By MICHAEL J. MARTINEZ, AP Business Writer

NEW YORK - Investors unnerved by the nation's soaring trade deficit sent stocks lower Tuesday, with the selling further exacerbated by a rise in crude oil futures.
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Old 04-12-05, 12:10 PM
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I know this has something to do with bicycle safety and advocacy. Would you be willing to explain what?
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Old 04-12-05, 01:10 PM
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Originally Posted by Roody
I know this has something to do with bicycle safety and advocacy. Would you be willing to explain what?

It has NOTHING TO do with it, and anyway stocks are now SOARING on the outlook for low inflation. Lets all get out and bike!



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Old 04-12-05, 01:14 PM
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Fossil fuel dependence guarantees bad trade deficits, which impact the economy.



Originally Posted by Roody
I know this has something to do with bicycle safety and advocacy. Would you be willing to explain what?
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Old 04-12-05, 01:17 PM
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And now...

Stocks Bounce Back on Fed Minutes

By Robert Holmes
TheStreet.com Staff Reporter
4/12/2005 3:12 PM EDT

Updated from 2:43 p.m. EDT

Stocks reversed course Tuesday afternoon, after the release of the Fed's FOMC minutes, which eased concerns about inflation and higher interest rates.

The Dow Jones Industrial Average was recently up 56 points to 10,504, while the S&P 500 added 6 points to 1187. Both had traded close to their 2005 lows of Jan. 24. The Nasdaq was 11 points higher at 2003, after having neared its six-month low touched in late March. The 10-year Treasury note was up 12/32 in price to yield 4.38%, while the dollar was higher against the yen and euro.



Oil fell sharply by $1.36 to $52.35 in regular Nymex trading. The May crude contract finally reversed a week of declines on Monday, rallying in the afternoon to finish up 39 cents. The contract was down as much as $1 earlier Monday.


http://www.thestreet.com/_yahoo/mark...FREE&cm_ite=NA

Once again proving that the market is as whimsical as a small child...
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Old 04-12-05, 01:21 PM
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Originally Posted by genec
And now...

...
for something completely different, a man with three buttocks! That sure makes cycling difficult!



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Old 04-12-05, 01:41 PM
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I don't worry too much about the stock market because I have all my money invested in technology.
Specifically the 'Centipede' machine at the laundry-mat.

Enjoy
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Old 04-12-05, 02:31 PM
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Originally Posted by kf5nd
Stocks Slide on Soaring U.S. Trade Deficit

45 minutes ago Business - AP


By MICHAEL J. MARTINEZ, AP Business Writer

NEW YORK - Investors unnerved by the nation's soaring trade deficit sent stocks lower Tuesday, with the selling further exacerbated by a rise in crude oil futures.
Nevermind! Now its the stocks that are soaring some hours later, but isn't that typical of this market?
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Old 04-12-05, 04:21 PM
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Originally Posted by Roughstuff
for something completely different, a man with three buttocks! That sure makes cycling difficult!



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Dipping into the nutmeg again eh
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