Res Waiting To See News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Egypt s actions have markets paying close attention. the price of oil jumped 4.3%, the largest one-day spike since september 2009. that s being blamed for breaking the dow s eight-week winning street. vera gibbons, this is having a big impact on the market. it is. the dow had one of the worst days we ve seen in months. i think investors are using this as a reason to get out of stocks, moving to safer assets. oil was up $89 a barrel. now oil, $13.38 an ounce. so they re taking some of the gains off the tables and moving it to other areas. so we see the dow dropping, oil prices rising. are those the only economic impacts we can expect? there are much broader economic impacts because of this. we don t know the extent of the ri riots. that s what investor res waiting to see, what happens on monday. a lot of uncertainty out there. ....

Winning Street , 04 3 , September 2009 , Vera Gibbons , Oil Prices , Dow Dropping , 33 38 , 13 38 , Res Waiting To See ,